# Wheat Posting Gains at Midday

> Wheat futures across the Chicago, Kansas City and Minneapolis exchanges were higher at midday. The USDA’s monthly WASDE raised U.S. wheat ending stocks by 3 million bushels and global carryout by 4.78 million tonnes, alongside a 5.12-million-tonne increase in world production, including larger estimates for Argentina, Australia, Ukraine and Kazakhstan. Reports also pointed to an Algerian tender that could result in purchases of at least 700,000 tonnes.

- Date: 2026-11-11 · published 2026-11-11T21:07:17.613Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/94194-wheat-posting-gains-at-midday
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Higher global production and carryout estimates point to more available wheat and are bearish for prices, while the potential Algerian purchase could support export demand.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-10-12 | [Strategy Grains is expecting growing wheat and barley](https://feedsoft.ai/events/68398-strategy-grains-is-expecting-growing-wheat-and-barley.md) | +0.0% | -3.9% |
| WHEAT | 2024-07-12 | [Wheat Gets Hit Hard Following July WASDE, Sharp Production Gains](https://feedsoft.ai/events/29206-wheat-gets-hit-hard-following-july-wasde-sharp-production-gains.md) | -3.9% | -2.9% |
| WHEAT | 2022-06-08 | [Australian wheat, canola getting a boost \| World Grain](https://feedsoft.ai/events/40886-australian-wheat-canola-getting-a-boost-world-grain.md) | +1.2% | -8.0% |
| WHEAT | 2016-11-17 | [Strategy of grains estimates EU acreage for wheat at](https://feedsoft.ai/events/73796-strategy-of-grains-estimates-eu-acreage-for-wheat-at.md) | -2.1% | +0.6% |
| WHEAT | 2023-01-30 | [Wheat: Too Many Upward Price Pressure \| Investing.com](https://feedsoft.ai/events/37832-wheat-too-many-upward-price-pressure-investing-com.md) | +3.4% | +1.2% |
| KWHEAT | 2023-01-30 | [Wheat: Too Many Upward Price Pressure \| Investing.com](https://feedsoft.ai/events/37832-wheat-too-many-upward-price-pressure-investing-com.md) | +0.4% | -5.3% |
| KWHEAT | 2017-09-29 | [A Look at Northern States' Spring Wheat Estimates](https://feedsoft.ai/events/8738-a-look-at-northern-states-spring-wheat-estimates.md) | -4.1% | -5.5% |
| KWHEAT | 2024-09-30 | [Ukraine exported almost 6 mln tons of wheat](https://feedsoft.ai/events/14273-ukraine-exported-almost-6-mln-tons-of-wheat.md) | +3.7% | -0.8% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8786559/wheat-posting-gains-at-midday

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