IGC Lowers Global Corn Production Forecast, Raises Wheat Crop
The International Grains Council (IGC) trimmed its forecast for 2025-26 global corn production by 1 MMT to 1.276 billion MT, with Ukraine’s crop downgraded to 28.6 MMT from a previous forecast of 30 MMT. Global corn production is still expected to rise 51 MMT (4.2%) from last year.
IGC raised its global wheat production forecast by 2 MMT to 808 MMT. Global wheat production is now expected to rise 9 MMT (1.1%) from last year. This month’s increase largely reflected improved crop outlooks in India and Romania.
IGC kept its 2025-26 soybean production forecast at 428 MMT, which would be up 5 MMT (1.2%) from last year.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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