USDA Report November 2025 – Wheat

17-Nov-2025 11:11 AM

USDA Report November 2025 – Wheat
★ In its November WASDE report, the USDA has raised the estimate for global wheat supply to 1.09 billion tonnes, which is about 10,900 lakh tonnes. This increase comes from higher production in major exporting countries such as Kazakhstan, Argentina, the European Union, the US, Australia, Russia, and Canada.
★ Kazakhstan saw the largest upward revision, with an increase of around 29 lakh tonnes.
★ Global wheat consumption is now estimated at 8,189 lakh tonnes, and global trade at 2,172 lakh tonnes. Ending stocks are projected at 2,714 lakh tonnes.
★ For India, the USDA has made no changes to its estimates for wheat production, consumption, or ending stocks.