# Wheat Falls to Around Monthly Lows

> Wheat futures slid toward $5.10 per bushel on January 20 as a record 2025/26 global harvest of about 842 million tonnes outpaced consumption near 824 million tonnes. Argentina's large crop, near-record Black Sea yields and rising Brazilian carryover stocks added pressure, while import tenders from Algeria and Saudi Arabia offered brief support.

- Date: 2026-01-20 · published 2026-01-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/21110-wheat-falls-to-around-monthly-lows
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record global output and rising exporter stocks cap wheat prices, and Black Sea and South American competition keeps US export demand under pressure.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/wheat/news/518504

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.