# First post-shutdown WASDE showed big supplies - High Plains Journal

> The November 14 WASDE, the first released after the government shutdown, raised U.S. 2025-26 wheat supplies by 58 million bushels to 1,985 million on a record yield and cut the season-average farm price by $0.10 to $5 per bushel. Global wheat supplies, trade and ending stocks were also raised, with ending stocks projected to show the first year-to-year increase in several years.

- Date: 2025-11-28 · published 2025-11-28T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/21993-first-post-shutdown-wasde-showed-big-supplies-high-plains-journal
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Larger global wheat supplies and higher ending stocks point to lower wheat prices and more competition for export sales, weighing on the feed grain complex.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-12-18 | [US wheat exports cut by 25 million bushels - High Plains Journal](https://feedsoft.ai/events/7513-us-wheat-exports-cut-by-25-million-bushels-high-plains-journal.md) | -1.8% | -2.2% |
| WHEAT | 2018-09-28 | [U.S. grains: Bigger-than-expected supplies knock down prices - Grainews](https://feedsoft.ai/events/63056-u-s-grains-bigger-than-expected-supplies-knock-down-prices-grainews.md) | +2.6% | +7.8% |
| WHEAT | 2026-01-12 | [US corn and wheat supplies rise in latest WASDE \| Feed & Grain](https://feedsoft.ai/events/12589-us-corn-and-wheat-supplies-rise-in-latest-wasde-feed-and-grain.md) | +0.2% | +2.0% |
| WHEAT | 2019-11-08 | [WASDE Report Reflects Tightening Corn Supplies, but Falling Demand - ProAg](https://feedsoft.ai/events/56019-wasde-report-reflects-tightening-corn-supplies-but-falling-demand-proag.md) | +3.0% | +7.4% |
| KWHEAT | 2018-12-18 | [US wheat exports cut by 25 million bushels - High Plains Journal](https://feedsoft.ai/events/7513-us-wheat-exports-cut-by-25-million-bushels-high-plains-journal.md) | -3.7% | -5.1% |
| KWHEAT | 2019-08-14 | [High Plains Ag Week 8/15/2019 - Ag Economics on the Plains](https://feedsoft.ai/events/7609-high-plains-ag-week-8-15-2019-ag-economics-on-the-plains.md) | +0.8% | -1.8% |
| KWHEAT | 2025-11-06 | [U.S. Grain Prices Drop Amid Federal Government Shutdown and Export Reporting Delays](https://feedsoft.ai/events/8215-u-s-grain-prices-drop-amid-federal-government-shutdown-and-export-reporting.md) | -2.7% | -1.9% |

## Sources

- hpj.com: https://hpj.com/2025/11/28/first-post-shutdown-wasde-showed-big-supplies/

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