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Wheat Watch: Global Grain Gains, Argentine Pains, & China's Appetite

Wheat Watch: Global Grain Gains, Argentine Pains, & China's Appetite

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This is your Daily Wheat Price Tracker with Vanessa Clark podcast.

Hello everyone, I’m Vanessa Clark, and you’re listening to the Daily Wheat Price Tracker. Today is Monday, November 17, 2025, and I’m here to bring you the latest on wheat prices, market trends, and what’s moving the needle for farmers, traders, and anyone interested in the wheat market.

Wheat prices are up today, with December Chicago wheat trading at 541 cents per bushel, which is 14 cents higher than yesterday. December Kansas City wheat is also up, currently at 528 and a quarter cents, while December Spring wheat is up 8 cents at 573 cents per bushel. These gains come after a mixed weekend, with some reports showing wheat closed lower yesterday due to the latest USDA WASDE report, which showed higher-than-expected ending stocks for both the US and the world. US ending stocks are now estimated at 901 million bushels, and global stocks jumped to 271.4 million metric tons, the first year-over-year increase since 2019. This news was bearish for the market, but prices have bounced back today.

There’s also some talk about China possibly buying more US wheat, but so far, there’s no official confirmation or new flash sales reported. Meanwhile, Argentina is harvesting a large crop, with local estimates at 22 million metric tons, and their wheat is currently the cheapest origin in the world at about 210 dollars FOB. This could put some pressure on US exports in the coming weeks.

On the global front, Egypt is aiming for self-sufficiency and plans to procure five million metric tons of local wheat next season, which could reduce their imports. India is also considering resuming exports of wheat products after three years, which could add more supply to the global market.

For farmers and traders, keep an eye on export sales and weather in key producing regions. The market is reacting to both supply news and rumors of demand, so staying informed is key. If you’re making decisions based on wheat prices, consider the impact of global supply and shifting demand patterns.

Thanks for tuning in to the Daily Wheat Price Tracker. Be sure to subscribe and join me again tomorrow for the latest on wheat prices and market insights.

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This content was created in partnership and with the help of Artificial Intelligence AI
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