# Wheat: USDA raises world wheat stocks forecast by 4.8 million tonnes

> In its November WASDE for 2026-27, the USDA raised its projected world wheat ending stocks to 280.8 million tonnes, 4.8 million more than in October. It raised Argentine and Australian wheat crop forecasts by 1.5 million tonnes each, to 23 and 32.5 million tonnes, and lifted world production to 827.51 million tonnes, while cutting the volume expected to trade internationally.

- Date: 2026-11-13 · published 2026-11-14T00:14:20.308Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/98629-wheat-usda-raises-world-wheat-stocks-forecast-by-4-8-million-tonnes
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Larger Southern Hemisphere wheat supplies and a smaller traded volume point to ample export supply and softer wheat prices, which lowers feed grain alternatives' cost for buyers.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-01-15 | [USDA raises projections for US, global wheat ending stocks \| World Grain](https://feedsoft.ai/events/21103-usda-raises-projections-for-us-global-wheat-ending-stocks-world-grain.md) | -1.3% | +2.8% |
| WHEAT | 2024-09-03 | [Australia raises wheat production forecast by 2.7 mln tons](https://feedsoft.ai/events/28282-australia-raises-wheat-production-forecast-by-2-7-mln-tons.md) | +1.6% | +11.6% |
| WHEAT | 2024-12-03 | [Australia raises wheat production forecast by 60,000 tons](https://feedsoft.ai/events/26917-australia-raises-wheat-production-forecast-by-60-000-tons.md) | +1.1% | +2.7% |
| WHEAT | 2018-12-12 | [USDA raises 2019 wheat and corn ending stocks \| 2018-12-12  \| World Grain](https://feedsoft.ai/events/61509-usda-raises-2019-wheat-and-corn-ending-stocks-2018-12-12-world-grain.md) | +3.7% | +2.0% |
| WHEAT | 2026-10-09 | [Wheat Faces Friday Pressure as USDA Raises Stocks](https://feedsoft.ai/events/460-wheat-faces-friday-pressure-as-usda-raises-stocks.md) | +4.0% | +4.0% |
| KWHEAT | 2026-01-15 | [USDA raises projections for US, global wheat ending stocks \| World Grain](https://feedsoft.ai/events/21103-usda-raises-projections-for-us-global-wheat-ending-stocks-world-grain.md) | +0.7% | +6.1% |
| KWHEAT | 2018-12-12 | [USDA raises 2019 wheat and corn ending stocks \| 2018-12-12  \| World Grain](https://feedsoft.ai/events/61509-usda-raises-2019-wheat-and-corn-ending-stocks-2018-12-12-world-grain.md) | +8.4% | +4.5% |
| KWHEAT | 2026-10-09 | [Wheat Faces Friday Pressure as USDA Raises Stocks](https://feedsoft.ai/events/460-wheat-faces-friday-pressure-as-usda-raises-stocks.md) | -0.9% | -10.4% |

## Sources

- economiematin.fr: https://www.economiematin.fr/ble-stocks-mondiaux-recoltes-argentine-australie-usda-novembre-2026

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