# Wheat | World-grain.com | November 10, 2016 20:14 | World Grain

> The International Grains Council reported that world wheat export prices stayed weak in September under record global supplies, with the GOI wheat sub-index near 10-year lows. Quality problems in Canada and Australia added a more bullish tone for higher-grade milling wheat, and Chicago SRW futures traded at 10-year lows at times.

- Date: 2016-11-10 · published 2016-11-10T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73889-wheat-world-grain-com-november-10-2016-20-14-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Record global supplies keep the wheat complex under pressure, but quality concerns in major exporters provide selective support for milling-grade prices. Feed buyers should expect cheap wheat as a feed alternative to persist.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-11-11 | [Another record-breaking harvest \| World-grain.com \| November 04, 2016 18:17 \| World Grain](https://feedsoft.ai/events/12239-another-record-breaking-harvest-world-grain-com-november-04-2016-18-17-world.md) | +1.8% | +1.5% |
| WHEAT | 2017-12-13 | [USDA bumps U.S. wheat, soybean carryover \| World-grain.com \| December 13, 2017 13:57 \| World Grain](https://feedsoft.ai/events/67418-usda-bumps-u-s-wheat-soybean-carryover-world-grain-com-december-13-2017-13-57.md) | +1.4% | +2.7% |
| WHEAT | 2017-12-18 | [Focus on France \| World-grain.com \| December 18, 2017 21:34 \| World Grain](https://feedsoft.ai/events/67427-focus-on-france-world-grain-com-december-18-2017-21-34-world-grain.md) | +0.3% | +0.8% |
| WHEAT | 2025-08-22 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/23378-grain-market-review-wheat-world-grain.md) | -1.7% | -3.3% |
| WHEAT | 2025-12-16 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/21545-grain-market-review-wheat-world-grain.md) | +0.3% | +0.5% |
| KWHEAT | 2020-11-30 | [Wheat Market Outlook – November 30th, 2020 \| Sask Wheat](https://feedsoft.ai/events/50198-wheat-market-outlook-november-30th-2020-sask-wheat.md) | -3.6% | +2.8% |
| 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 | 2018-02-23 | [USDA sees mixed crop forecasts in 2018 \| World-grain.com \| February 23, 2018 15:54 \| World Grain](https://feedsoft.ai/events/66354-usda-sees-mixed-crop-forecasts-in-2018-world-grain-com-february-23-2018-15-54.md) | +12.8% | +0.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10254-grain-market-review-wheat

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