# Expertise

> USDA raised its 2025 US wheat production estimate to 54 Mt, about 1.6 Mt above prior estimates and trade expectations, and 1 September wheat stocks came in at 57.7 Mt, above trade estimates. Major exporters outside Ukraine also raised production, and CBOT, Paris and London wheat futures fell to new contract lows.

- Date: 2025-10-02 · published 2025-10-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/22473-expertise
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Larger US and global wheat supplies and higher US stocks add to export competition and keep wheat prices under pressure.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-06-05 | [Expertise](https://feedsoft.ai/events/24296-expertise.md) | -1.4% | -0.2% |
| WHEAT | 2024-02-06 | [Ukraine grain exports on the rise \| World Grain](https://feedsoft.ai/events/14323-ukraine-grain-exports-on-the-rise-world-grain.md) | -3.6% | -0.2% |
| WHEAT | 2026-03-03 | [ABARES experts again raise Australia's wheat, barley and rapeseed crop forecasts](https://feedsoft.ai/events/20128-abares-experts-again-raise-australia-s-wheat-barley-and-rapeseed-crop-forecasts.md) | +1.8% | +1.3% |
| WHEAT | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | -0.5% | -10.8% |
| WHEAT | 2021-02-16 | [Winter crops exceed expectations: ABARES](https://feedsoft.ai/events/48601-winter-crops-exceed-expectations-abares.md) | +1.3% | +0.2% |
| KWHEAT | 2025-08-26 | [Wheat harvest expected to rise in the EU and worldwide - Trademagazin](https://feedsoft.ai/events/23276-wheat-harvest-expected-to-rise-in-the-eu-and-worldwide-trademagazin.md) | -2.7% | +3.0% |
| KWHEAT | 2017-08-22 | [Russia is No. 1 wheat exporter](https://feedsoft.ai/events/69499-russia-is-no-1-wheat-exporter.md) | -2.7% | +8.4% |
| KWHEAT | 2021-12-13 | [USDA experts raised their forecast for Black Sea grain crop and exports 13.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/14520-usda-experts-raised-their-forecast-for-black-sea-grain-crop-and-exports-13-12.md) | +1.1% | -2.9% |

## Sources

- frontierag.co.uk: https://www.frontierag.co.uk/news-events-and-expertise/expertise/frontrunner-2nd-October-2025/?highlight=market+report

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