# Wheat Market Outlook – November 30th, 2020 | Sask Wheat

> The weekly Sask Wheat outlook reports that IGC November global wheat numbers changed only marginally from October, with production, trade, consumption and carryover stocks each up 1 million mt. The report also includes primary elevator bids and export basis tables for Saskatchewan.

- Date: 2020-11-30 · published 2020-11-30T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/50198-wheat-market-outlook-november-30th-2020-sask-wheat
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Only marginal changes to global wheat balances leave prices driven by existing supply tightness. Buyers should watch regional bids and export basis for near-term cost.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2024-09-23 | [Wheat Market Outlook – September 23, 2024 \| Sask Wheat](https://feedsoft.ai/events/5610-wheat-market-outlook-september-23-2024-sask-wheat.md) | +2.3% | +3.0% |
| KWHEAT | 2024-08-26 | [Wheat Market Outlook – August 26, 2024 \| Sask Wheat](https://feedsoft.ai/events/28815-wheat-market-outlook-august-26-2024-sask-wheat.md) | +6.3% | +11.0% |
| KWHEAT | 2016-11-10 | [Wheat \| World-grain.com \| November 10, 2016 20:14 \| World Grain](https://feedsoft.ai/events/73889-wheat-world-grain-com-november-10-2016-20-14-world-grain.md) | -0.4% | -3.6% |
| KWHEAT | 2017-11-27 | [Grain market roundtable: Wheat futures expected to trade sideways \| Bakingbusiness.com \| November 27, 2017 15:36 \| Baking Business](https://feedsoft.ai/events/68032-grain-market-roundtable-wheat-futures-expected-to-trade-sideways-bakingbusiness.md) | +1.4% | +1.9% |
| KWHEAT | 2025-09-16 | [Wheat: Market mixed: SWR with slight gains, HRW weakens](https://feedsoft.ai/events/8336-wheat-market-mixed-swr-with-slight-gains-hrw-weakens.md) | -2.3% | -6.4% |
| WHEAT | 2024-09-23 | [Wheat Market Outlook – September 23, 2024 \| Sask Wheat](https://feedsoft.ai/events/5610-wheat-market-outlook-september-23-2024-sask-wheat.md) | +11.3% | +5.5% |
| WHEAT | 2018-10-09 | [Wheat Market Outlook – October 9th, 2018 \| Sask Wheat](https://feedsoft.ai/events/62628-wheat-market-outlook-october-9th-2018-sask-wheat.md) | +8.3% | +4.4% |
| WHEAT | 2021-06-28 | [Wheat Market Outlook – June 28th, 2021 \| Sask Wheat](https://feedsoft.ai/events/46621-wheat-market-outlook-june-28th-2021-sask-wheat.md) | -0.2% | -3.7% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2020-11-30/

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