# Wheat Extending Bounce to Wednesday Morning

> Wheat futures rose across the Chicago, Kansas City and Minneapolis exchanges, with the gains supported by stronger corn and soybean markets. USDA raised U.S. wheat ending stocks by 3 million bushels and world carryout by 4.78 million tonnes, citing lower U.S. food use and higher production forecasts for Argentina, Australia, Ukraine and Kazakhstan. U.S. winter wheat planting was 89% complete as of November 8, while crop conditions improved to 49% good or excellent.

- Date: 2026-11-11 · published 2026-11-11T15:06:05.571Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/93656-wheat-extending-bounce-to-wednesday-morning
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Higher production and carryout estimates point to greater wheat availability and are bearish for prices, though the reported futures gains show support from strength in other grain markets.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-12-10 | [Wheat tightness to ease \| articles \| ING THINK](https://feedsoft.ai/events/43541-wheat-tightness-to-ease-articles-ing-think.md) | -5.9% | -2.6% |
| WHEAT | 2025-09-18 | [US wheat futures slip after USDA boosts global ending stocks](https://feedsoft.ai/events/22928-us-wheat-futures-slip-after-usda-boosts-global-ending-stocks.md) | +0.5% | +1.4% |
| WHEAT | 2024-12-19 | [France sees soft wheat sowing rebounding after rain relents](https://feedsoft.ai/events/26892-france-sees-soft-wheat-sowing-rebounding-after-rain-relents.md) | +1.7% | -0.3% |
| 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% |
| KWHEAT | 2025-09-18 | [US wheat futures slip after USDA boosts global ending stocks](https://feedsoft.ai/events/22928-us-wheat-futures-slip-after-usda-boosts-global-ending-stocks.md) | -1.8% | -5.4% |
| KWHEAT | 2018-01-18 | [More bad news for the wheat market](https://feedsoft.ai/events/67024-more-bad-news-for-the-wheat-market.md) | +1.4% | +10.0% |
| KWHEAT | 2025-01-03 | [Wheat Feeling Pressure Heading into the Weekend - IBest Media](https://feedsoft.ai/events/11505-wheat-feeling-pressure-heading-into-the-weekend-ibest-media.md) | -0.3% | +5.0% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8776314/wheat-extending-bounce-to-wednesday-morning

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