IGC slightly raises global wheat production forecast

The International Grains Council (IGC) has slightly raised its forecast for world wheat production in 2025-26, by 2 million tonnes compared to the May estimate, to 808 million tonnes. The forecast for 2024-25 is 799 million tonnes.
Wheat consumption in 2025-26 is estimated at 814 million tonnes, in the 2024-25 season – 802 million tonnes. Carry-over stocks are 264 million and 262 million tonnes, respectively.
The total grain harvest (wheat and feed grains) in the 2025-26 season is estimated at 2.377 billion tonnes, including 1.276 billion tonnes of corn.
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