# Wheat drops amid higher than expected WASDE report | XTB

> CBOT wheat futures fell sharply after the WASDE showed U.S. wheat ending stocks at 901 million bushels, above the 869 million expected. Soybean stocks were slightly below estimates at 290 million bushels versus 302 million expected.

- Date: 2025-11-14 · published 2025-11-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/21887-wheat-drops-amid-higher-than-expected-wasde-report-xtb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Wheat stocks well above expectations add to supply and reinforce the downtrend, pressuring wheat as a feed ingredient alternative to corn.

## Read by commodity

- SOY: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-08 | [PF Report Reaction: U.S. corn, wheat ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/41798-pf-report-reaction-u-s-corn-wheat-ending-stocks-higher-than-expected-pro-farmer.md) | -2.0% | +4.8% |
| WHEAT | 2024-02-08 | [February WASDE: U.S. supplies higher than traders expected](https://feedsoft.ai/events/31628-february-wasde-u-s-supplies-higher-than-traders-expected.md) | -4.2% | -1.8% |
| WHEAT | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | +0.4% | +18.0% |
| WHEAT | 2025-04-11 | [WASDE Report Cuts Corn Ending Stocks More Than Expected - ProAg](https://feedsoft.ai/events/25066-wasde-report-cuts-corn-ending-stocks-more-than-expected-proag.md) | +1.7% | +4.7% |
| WHEAT | 2025-10-08 | [Corn, wheat stocks higher than trade expectations – AgriNews](https://feedsoft.ai/events/22330-corn-wheat-stocks-higher-than-trade-expectations-agrinews.md) | +1.3% | +2.8% |
| SOY | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | -1.1% | +7.5% |
| SOY | 2023-02-08 | [February USDA WASDE Report Neutral and Close to Expectations but Moved Markets Higher](https://feedsoft.ai/events/37261-february-usda-wasde-report-neutral-and-close-to-expectations-but-moved-markets.md) | +1.5% | +0.8% |
| SOY | 2019-12-11 | [More Details Expected in January WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/55515-more-details-expected-in-january-wasde-report-red-river-farm-network.md) | +3.1% | +3.6% |

## Sources

- xtb.com: https://www.xtb.com/en/market-analysis/wheat-drops-amid-higher-than-expected-wasde-report

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