# November 2024 - Alberta Grains

> Alberta Grains sees wheat prices trending sideways to lower into 2025, with Russian wheat priced aggressively and the US carryout at a four-year high. Tight stocks among major exporters and strong western Canadian export pull are cited as support. Global import demand is expected to fall by nearly 12 million tonnes in 2024/25.

- Date: 2024-11-21 · published 2024-11-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/27483-november-2024-alberta-grains
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower import demand and aggressive Russian pricing cap wheat values, though tight exporter stocks limit the downside. Feed buyers can expect little near-term price support.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- albertagrains.com: https://www.albertagrains.com/combined-markets/market-vantage/november-2024

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