# Wheat Faces Tuesday Weakness

> The wheat complex closed lower on Tuesday, led by HRW contracts, with CBOT SRW down 6¼ to 8¾ cents. NASS data showed 83% of US winter wheat planted and an initial condition rating of 44% good/excellent. IKAR cut its 2026/27 Russian wheat export estimate by 2.5 MMT to 39.5 MMT.

- Date: 2026-11-03 · published 2026-11-04T00:08:21.382Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78538-wheat-faces-tuesday-weakness
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A lower Russian export forecast supports wheat prices, but the sell-off in US wheat and steady crop progress offset it. Feed buyers face mixed signals on wheat costs.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/8632618/wheat-faces-tuesday-weakness

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