◂ Event Timeline

Aug 28, 2025REPORTGlobal

Global Wheat Stocks Tighten as U.S. Exports Gain Pace

USDA's latest WASDE for 2025/26 showed US wheat exports lifted to 875 million bushels, with ending stocks at 869 million bushels and a season-average farm price cut to $5.30. Global wheat ending stocks were reduced to 260.1 million tons, the lowest since 2015/16, as losses in China, Brazil and Argentina outweighed EU gains.

WHY IT MATTERS

Lower global ending stocks and strong US export sales tighten the wheat balance and support prices. The reduced US farm price reflects softer near-term expectations, which limits how far the bullish signal can run.

AFFECTSWheat (SRW)▲

SOURCE
grainchronicle.comGrain ChronicleAug 28, 2025

Price reaction & history

Wheat (SRW)▲bullishSO FAR1d +0.3%5d +0.1%20d -0.7%

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

Jul 13, 2021WASDE update: Global wheat stocks tighten | articles | ING THINK+1.3%
Jan 25, 2018Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates+0.7%
Aug 19, 2021Global Wheat Stocks-to-Use Ratio Supports Bullish Prices Outlook+0.4%
Apr 9, 2019Tighter wheat stocks; reduced Canadian canola exports; cotton consumption down: USDA - Grain Central-0.5%
Jun 12, 2024Tighter Black Sea wheat supplies disrupt global export market | Feed & Grain-2.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Wheat (SRW) WHEAT · GP ▸

——— · ·

Loading…