Wheat Faces Friday Pressure as USDA Raises Stocks

After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Sep 30, 2025Wheat Falling as USDA Raises Production+0.4%
• Oct 1, 2025USDA Grain Stocks Report Surprises Corn and Wheat - RFD+0.6%
• Jan 15, 2026USDA raises projections for US, global wheat ending stocks | World Grain-1.3%
• Dec 12, 2018USDA raises 2019 wheat and corn ending stocks | 2018-12-12 | World Grain+3.7%
• Jun 30, 2025CBOT wheat ends lower on US stocks data, harvest pressure-0.7%

After 138 past bearish report events, KWHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), and +0.5% over 20.

• Sep 30, 2025Wheat Falling as USDA Raises Production-2.5%
• Jan 15, 2026USDA raises projections for US, global wheat ending stocks | World Grain+0.7%
• Dec 12, 2018USDA raises 2019 wheat and corn ending stocks | 2018-12-12 | World Grain+8.4%
• Sep 18, 2025US wheat futures slip after USDA boosts global ending stocks-1.8%
• Apr 20, 2017Record wheat stocks mean lower prices-1.1%