# Wheat edges higher as WASDE lifts global stocks but demand stays firm

> Chicago and Paris wheat futures advanced after the November WASDE raised global wheat stocks, with Chicago December SRW closing near $5.93/bu on November 10. Euronext December milling wheat settled at €236.25/t on November 11, and Odesa physical prices firmed.

- Date: 2026-11-12 · published 2026-11-12T09:05:47.684Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/95215-wheat-edges-higher-as-wasde-lifts-global-stocks-but-demand-stays-firm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher global stocks and rising 2026/27 production cap wheat's upside, but firm export demand and Black Sea logistics concerns support prices. The move follows the broader grain rally after the USDA report.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- commodity-board.com: https://commodity-board.com/wheat-edges-higher-as-wasde-lifts-global-stocks-but-demand-stays-firm

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