Wheat prices fall on WASDE report, macro-economic concerns

Gregor Heard
By Gregor Heard
July 20 2022 - 7:00am
IN DECLINE: Wheat prices have come off significantly since their May highs.

BETTER than expected US wheat production figures in the US Department of Agriculture's July World Agricultural Supply and Demand Estimates (WASDE) report have combined with broader macro-economic concerns to force global wheat prices lower.

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Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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