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CBOT wheat falls after USDA data release

ReutersNov 14, 2025 9:11 PM

- Chicago Board of Trade wheat futures closed down on Friday after a U.S. Department of Agriculture data release showing higher than expected ending stocks, with additional pressure from ample global supplies, including a record-large Argentine harvest.

  • CBOT December soft red winter wheat WZ25 settled down 8-1/2 cents at $5.27-1/4 per bushel.

  • K.C. December hard red winter wheat KWZ25 ended down 10-1/2 cents at $5.15-1/4 a bushel and Minneapolis December spring wheat MWEZ25 finished down 5 cents at $5.64-3/4 a bushel.

  • The USDA estimated U.S. wheat ending stocks at 901 million bushels, compared with an average analyst estimate of 867 million bushels.

  • The agency estimated world wheat ending stocks at 271.43 million metric tons, with an average analyst estimate of 266.13 million metric tons.

  • The Buenos Aires Grains Exchange raised its estimate of Argentina's 2025/26 wheat harvest to a record 24 million metric tons, up from 22 million previously. The country's Rosario Exchange on Wednesday also raised its wheat forecast to a record 24.5 million tons.

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