Wheat Market Outlook - September 14, 2026

MARKET OUTLOOK - WHEATThe latest WASDE increased global wheat production and ending stocks, but lower Russian and Ukrainian export forecasts, continue to tighten the outlook for readily available exportable wheat supplies. In Western Canada, the focus is increasingly shifting from total production toward grade, with recent rainfall raising quality concerns. A good stretch of warm, dry weather could still allow Prairie harvest to advance quickly, but further delays would increase quality risk. Statistics Canada’s production estimate, Canadian harvest progress and developments around Black Sea shipping are likely to drive direction this week.MARKET OUTLOOK - DURUMThe durum market also remains increasingly focused on quality rather than outright production. Canada entered the crop year with a relatively comfortable 1.1 MMT of carry-in stocks, which limits concerns around an outright shortage. However, recent rainfall across major durum-growing regions has increased uncertainty around the percentage of the crop that will ultimately grade No. 1 and No. 2 CWAD. If additional downgrading is confirmed as harvest progresses, stronger premiums could develop for higher-quality durum even if total Canadian production remains adequate. Near-term direction will depend heavily on final grade.If readers are interested in a comprehensive list of global report calendar. Follow the link attached. https://exceedgrainmarketing.com/2026-global-major-report-release-calendar/