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Global wheat supplies for 2026/27 are forecast to rise by 6.4 million tonnes to 1,110.4 million tonnes, with higher production projections for Argentina, Australia, Kazakhstan and Ukraine. Ending stocks are projected to increase by 4.8 million tonnes to 280.8 million tonnes, while global trade is trimmed slightly amid lower Russian and Ukrainian exports.
Higher production and ending-stock forecasts point to more ample global wheat availability, which is bearish for wheat prices. Black Sea export disruptions partly offset that pressure by reducing tradeable supply.
investmentguruindia.comNov 11, 2026After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
