# Wheat supply rises, China buys US soybeans, corn exports slow

> Rosario Grain Exchange raised Argentina's 2026/27 wheat crop forecast by 500,000 tonnes to 24.3 million tonnes, and Australia's crop is seen near 32 million tonnes. USDA confirmed a Chinese purchase of 136,000 tonnes of US soybeans for 2026/27 delivery, while corn exports remain sluggish.

- Date: 2026-11-13 · published 2026-11-13T13:36:53.684Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/97898-wheat-supply-rises-china-buys-us-soybeans-corn-exports-slow
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Larger Argentine and Australian wheat supplies plus a firm dollar add pressure on wheat prices, while the Chinese soybean purchase gives modest support to soybeans and meal.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-16 | [China targets corn, soybeans](https://feedsoft.ai/events/64395-china-targets-corn-soybeans.md) | -0.3% | -3.8% |
| WHEAT | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -2.0% | +0.7% |
| WHEAT | 2018-05-04 | [Angst in farm belt after reports that China halted buying US soybeans](https://feedsoft.ai/events/65058-angst-in-farm-belt-after-reports-that-china-halted-buying-us-soybeans.md) | -4.0% | -1.3% |
| WHEAT | 2025-07-25 | [U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall - AgCanada](https://feedsoft.ai/events/23793-u-s-grains-chicago-wheat-futures-dip-on-global-supply-pressure-corn-soybeans.md) | -1.2% | +0.8% |
| WHEAT | 2025-12-01 | [Chicago soybeans slip as traders monitor China buying; wheat, corn also down - Markets - Business Recorder](https://feedsoft.ai/events/21547-chicago-soybeans-slip-as-traders-monitor-china-buying-wheat-corn-also-down.md) | +1.9% | +0.7% |
| SOY | 2017-10-27 | [US export report: China buys soybeans / Spain buys](https://feedsoft.ai/events/68330-us-export-report-china-buys-soybeans-spain-buys.md) | +1.8% | +2.3% |
| SOY | 2022-10-13 | [USDA exports –China, unknown buys soybeans - Big River Resources](https://feedsoft.ai/events/14898-usda-exports-china-unknown-buys-soybeans-big-river-resources.md) | -1.7% | +4.6% |
| SOY | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | -2.8% | -4.0% |

## Sources

- vncommodities.vn.hanghoaphaisinh247.vn: https://vncommodities.vn.hanghoaphaisinh247.vn/nguon-cung-lua-mi-tang-trung-quoc-mua-dau-tuong-my-ngo-cham-xuat-khau
- wecommodity.com: https://wecommodity.com/nguon-cung-lua-mi-tang-trung-quoc-mua-dau-tuong-my-ngo-cham-xuat-khau/
- tinhanghoa.vn.hanghoaphaisinh247.vn: https://www.tinhanghoa.vn.hanghoaphaisinh247.vn/nguon-cung-lua-mi-tang-trung-quoc-mua-dau-tuong-my-ngo-cham-xuat-khau

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