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Wheat Watch: Your Daily Dose of Grain Gains and Pains

Wheat Watch: Your Daily Dose of Grain Gains and Pains

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

Hello and welcome back to the Daily Wheat Price Tracker with Vanessa Clark. Thanks for joining me for your go-to update on wheat prices, market shifts, and all the essential news you need to stay ahead in the world of agriculture.

Today is Friday, November fourteenth, twenty twenty-five, and I’m here to break down the latest wheat market action, put the numbers into context, and share a few tips for navigating this dynamic commodity space.

Let’s kick off with the most recent numbers. According to today’s closing grain prices from GX94 Radio, spring wheat finished at two hundred fifty dollars and twenty-two cents per metric ton, which is down just over four dollars from yesterday. Feed wheat closed at one hundred sixty-nine dollars and fifty-eight cents per metric ton. Over on the Chicago Board of Trade, wheat futures slipped slightly, dropping a quarter of a cent to close at five hundred thirty-five and three quarters per bushel for December contracts. Kansas City futures nudged up a quarter of a cent to five hundred twenty-five and three quarters, and Minneapolis remained steady at five hundred sixty-nine and three quarters per bushel.

Now, what’s driving these moves? The USDA just released its much-anticipated November World Agricultural Supply and Demand Estimates report. The key takeaway for wheat: no change to U.S. usage, but higher production and larger ending stocks than last report. The agency reported a record all-wheat yield, which raised total wheat supplies by fifty-eight million bushels, pushing up expectations for a healthy surplus this season. As a result, the USDA lowered their season-average farm price for wheat by ten cents, putting it at five dollars per bushel. This hints at softer prices ahead unless demand picks up or weather throws the global market a curveball.

Global factors are playing a big part too. Argentina’s wheat harvest is moving along at a good clip, with forecasts raised to a record twenty-four point five million metric tons. Above-normal rainfall has really helped boost their output. Meanwhile, exports out of Argentina are currently some of the cheapest in the world, putting more competitive pressure on U.S. wheat exporters, especially since Russian wheat is also being offered at prices below that of U.S. hard red winter wheat.

On the demand side, U.S. wheat exports are up nineteen percent compared to last year, outpacing the USDA’s forecast of a ten percent rise. Overseas buyers like Saudi Arabia and Tunisia are shopping for wheat, but with plenty of supply around the globe—thanks to strong harvests in both Argentina and the European Union—there’s a lot for customers to choose from. This abundance keeps a cap on how high prices can go for now.

What does all this mean for those of you following the wheat market? If you’re a grower, be sure to keep a close eye on both local cash prices and global weather patterns. Soft prices could linger while big crops come to market, but unexpected changes—say, drought in a major producing country—can still spark rallies. For millers, bakers, and end users, it’s a great time to shop around and maybe lock in a portion of your wheat needs while the market is well supplied.

That wraps up our snapshot for today. Remember, even in quieter markets, staying informed gives you an edge when the winds change. Thanks for tuning in to the Daily Wheat Price Tracker with Vanessa Clark. Make sure to subscribe wherever you get your podcasts so you never miss an update. I’ll be here next time with the latest prices and the stories shaping the wheat world. Have a great evening and happy trading.

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