# USDA increases wheat stock estimates | Farm Online | ACT

> The USDA's September report raised wheat supply estimates, with opening stocks increased for Canada, the EU and India. Production was raised for Australia, India and China, and global ending stocks rose. Global supplies were up 7.1 million tonnes from the August figures, though consumption also rose 2.96 million tonnes.

- Date: 2021-09-18 · published 2021-09-18T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6379-usda-increases-wheat-stock-estimates-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger global wheat supply and higher ending stocks put downward pressure on wheat prices. The consumption increase partly offsets the bearish effect.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-10-14 | [USDA lifts global wheat stock estimates \| Farm Online \| ACT](https://feedsoft.ai/events/56500-usda-lifts-global-wheat-stock-estimates-farm-online-act.md) | +4.5% | +1.5% |
| WHEAT | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | -0.2% | +5.8% |
| WHEAT | 2023-06-12 | [USDA Increases Corn, Soybean, Wheat Ending Stocks - ProAg](https://feedsoft.ai/events/35444-usda-increases-corn-soybean-wheat-ending-stocks-proag.md) | +1.1% | +0.2% |
| WHEAT | 2025-03-11 | [USDA Increases U.S. Wheat Ending Stocks More Than Expected](https://feedsoft.ai/events/25511-usda-increases-u-s-wheat-ending-stocks-more-than-expected.md) | +5.7% | +1.9% |
| WHEAT | 2019-08-06 | [France Increases Wheat Crop Estimate, Cautious On Maize \| ESM Magazine](https://feedsoft.ai/events/57523-france-increases-wheat-crop-estimate-cautious-on-maize-esm-magazine.md) | +0.1% | -3.0% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7427310/usda-increases-wheat-stock-estimates/

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