# Wheat Holding on the Higher Side on Wednesday Morning

> Wheat futures traded with small gains Wednesday morning after losses in the previous session, led by HRW contracts. NASS data showed 83% of the US winter wheat crop planted as of November 1, with 44% rated good/excellent. IKAR cut its 2026/27 Russian wheat export estimate by 2.5 MMT to 39.5 MMT.

- Date: 2026-11-04 · published 2026-11-04T15:05:25.395Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/79854-wheat-holding-on-the-higher-side-on-wednesday-morning
- 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 tightens global wheat supply and supports prices, though the modest moves and routine crop data keep the impact limited. Feed buyers face little immediate change in wheat cost.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- barchart.com: https://www.barchart.com/story/news/8645591/wheat-holding-on-the-higher-side-on-wednesday-morning

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