# U.S. wheat stocks fall after harvest shortfalls

> USDA reported 2021 US wheat production of 1.646 billion bushels, down from 1.826 billion a year earlier. Sept. 1 wheat stocks were 1.780 billion bushels, the smallest for that date since 2007. Soybean stocks of 256 million bushels, down 51% year on year, were above analyst expectations.

- Date: 2021-09-30 · published 2021-09-30T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/45038-u-s-wheat-stocks-fall-after-harvest-shortfalls
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Wheat supplies are at their tightest since 2007, which supports prices and raises feed wheat costs for buyers, while the larger soybean carryout is bearish for soy products.

## Read by commodity

- SOY: bearish ▼
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-09-30 | [UPDATE 1-U.S. Wheat Harvest Falls Below Forecasts; Prices Rally](https://feedsoft.ai/events/39630-update-1-u-s-wheat-harvest-falls-below-forecasts-prices-rally.md) | +0.4% | -10.7% |
| WHEAT | 2021-03-17 | [Australian wheat farmers double down after record harvest](https://feedsoft.ai/events/48061-australian-wheat-farmers-double-down-after-record-harvest.md) | +0.9% | -3.6% |
| WHEAT | 2026-06-18 | [Futures Fall After June WASDE Reveals Higher Corn Stocks](https://feedsoft.ai/events/18734-futures-fall-after-june-wasde-reveals-higher-corn-stocks.md) | -1.4% | -1.2% |
| WHEAT | 2021-06-24 | [EU trims 2021/22 wheat harvest and stocks forecasts - Markets - Business Recorder](https://feedsoft.ai/events/46520-eu-trims-2021-22-wheat-harvest-and-stocks-forecasts-markets-business-recorder.md) | -0.1% | -3.6% |
| WHEAT | 2026-10-23 | [UK wheat and barley supplies tighten after challenging 2026 harvest - Farmers Guide](https://feedsoft.ai/events/17155-uk-wheat-and-barley-supplies-tighten-after-challenging-2026-harvest-farmers.md) | -0.6% | — |
| KWHEAT | 2022-09-30 | [UPDATE 1-U.S. Wheat Harvest Falls Below Forecasts; Prices Rally](https://feedsoft.ai/events/39630-update-1-u-s-wheat-harvest-falls-below-forecasts-prices-rally.md) | -0.2% | -3.6% |
| KWHEAT | 2023-07-12 | [USDA Sees Global Wheat Stocks Falling for a Fourth Year](https://feedsoft.ai/events/34986-usda-sees-global-wheat-stocks-falling-for-a-fourth-year.md) | +1.1% | -5.8% |
| KWHEAT | 2026-07-10 | [USDA forecasts smallest wheat harvest since 1970 \| Farmtario](https://feedsoft.ai/events/18275-usda-forecasts-smallest-wheat-harvest-since-1970-farmtario.md) | +11.6% | +9.0% |

## Sources

- reuters.com: https://www.reuters.com/article/usda-crops/update-1-u-s-wheat-stocks-fall-after-harvest-shortfalls-idUSL1N2QW24P/

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