# Wheat Rebounds to Over 1%

> Wheat futures rose more than 1% to around $5.90 per bushel, rebounding from a four-month low reached on November 12, amid uncertain Russia-Ukraine peace negotiations. Argentina raised its 2026/27 wheat production forecast by 500,000 tons to 24.3 million tons, and Australia's harvest is now expected near 32 million tons.

- Date: 2026-11-13 · published 2026-11-13T18:05:33.966Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/98062-wheat-rebounds-to-over-1
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Larger Argentine and Australian crops add supply and cap wheat rallies, while Black Sea peace prospects remain a source of upside risk.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-09-01 | [Wheat Rises Toward 3-1/2-Year High](https://feedsoft.ai/events/12759-wheat-rises-toward-3-1-2-year-high.md) | +0.8% | +0.1% |
| WHEAT | 2022-03-21 | [Wheat rebounds on Black Sea supply worries; corn, soybeans rise 1% - Markets - Business Recorder](https://feedsoft.ai/events/6245-wheat-rebounds-on-black-sea-supply-worries-corn-soybeans-rise-1-markets.md) | +15.8% | +5.9% |
| WHEAT | 2026-09-01 | [Wheat at war \| The Star](https://feedsoft.ai/events/17431-wheat-at-war-the-star.md) | +1.0% | +2.6% |
| WHEAT | 2026-07-16 | [Wheat markets respond to Sea of Azov attacks - Grainews](https://feedsoft.ai/events/5069-wheat-markets-respond-to-sea-of-azov-attacks-grainews.md) | +3.9% | +0.1% |
| WHEAT | 2022-03-02 | [Wheat Prices Shoot to 14-Year High on Concerns over Conflict Between Russia and Ukraine - AgWeb](https://feedsoft.ai/events/42324-wheat-prices-shoot-to-14-year-high-on-concerns-over-conflict-between-russia-and.md) | +6.9% | +20.3% |
| KWHEAT | 2026-09-01 | [Wheat Rises Toward 3-1/2-Year High](https://feedsoft.ai/events/12759-wheat-rises-toward-3-1-2-year-high.md) | -1.9% | -9.4% |
| KWHEAT | 2026-09-01 | [Wheat at war \| The Star](https://feedsoft.ai/events/17431-wheat-at-war-the-star.md) | -2.5% | -7.7% |
| KWHEAT | 2026-07-16 | [Wheat markets respond to Sea of Azov attacks - Grainews](https://feedsoft.ai/events/5069-wheat-markets-respond-to-sea-of-azov-attacks-grainews.md) | +6.0% | +0.1% |

## Sources

- m.fx.co: https://m.fx.co/en/forex-news/3293717

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