# Large wheat supply pressures prices | The Western Producer

> Argus Media estimates the top eight wheat exporters will harvest a record 421 million tonnes in 2025-26, with total supply of 484 million tonnes. Carryout for those exporters is forecast at 75 million tonnes, the highest since 2017-18, while imports from North Africa, the Middle East and South Asia are expected to rise to 57 million tonnes.

- Date: 2025-10-29 · published 2025-10-29T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/22436-large-wheat-supply-pressures-prices-the-western-producer
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A record exporter carryout indicates a bloated supply that will likely keep world wheat prices falling despite higher importer demand, which favors cheap wheat for feed use.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2025-06-26 | [Big global wheat crop expected to pressure prices \| The Western Producer](https://feedsoft.ai/events/24273-big-global-wheat-crop-expected-to-pressure-prices-the-western-producer.md) | -0.3% | +0.8% |
| KWHEAT | 2025-03-27 | [Wheat prices drop despite tighter ending stocks \| The Western Producer](https://feedsoft.ai/events/25627-wheat-prices-drop-despite-tighter-ending-stocks-the-western-producer.md) | +0.6% | -4.8% |
| KWHEAT | 2024-06-18 | [USDA reports provide mixed signals for wheat market \| The Western Producer](https://feedsoft.ai/events/29802-usda-reports-provide-mixed-signals-for-wheat-market-the-western-producer.md) | -4.9% | -7.3% |
| KWHEAT | 2024-07-29 | [Wheat prices in the US fell to the lowest level since 2020](https://feedsoft.ai/events/29288-wheat-prices-in-the-us-fell-to-the-lowest-level-since-2020.md) | +2.6% | -4.7% |
| KWHEAT | 2017-02-02 | [Wheat producers facing below cost of production prices](https://feedsoft.ai/events/72524-wheat-producers-facing-below-cost-of-production-prices.md) | +0.3% | +4.5% |
| WHEAT | 2025-06-26 | [Big global wheat crop expected to pressure prices \| The Western Producer](https://feedsoft.ai/events/24273-big-global-wheat-crop-expected-to-pressure-prices-the-western-producer.md) | +3.0% | -1.3% |
| WHEAT | 2025-02-28 | [Prices face pressure as larger U.S. crops expected this year \| The Western Producer](https://feedsoft.ai/events/26080-prices-face-pressure-as-larger-u-s-crops-expected-this-year-the-western-producer.md) | -3.6% | +0.3% |
| WHEAT | 2025-03-27 | [Wheat prices drop despite tighter ending stocks \| The Western Producer](https://feedsoft.ai/events/25627-wheat-prices-drop-despite-tighter-ending-stocks-the-western-producer.md) | -1.4% | +1.9% |

## Sources

- producer.com: https://www.producer.com/crops/large-wheat-supply-pressures-prices/

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