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.
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.
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