The USDA has raised its estimate for Ukraine’s wheat harvest this year
The USDA projects global wheat production for the 2025/26 marketing year at 816.2 million tons, up 9.3 million tons from the previous forecast, according to the September USDA report.
Global wheat exports are expected to reach 214.2 million tons, an increase of 1.19 million tons. World ending stocks are forecast at 264.06 million tons, up 3.98 million tons.
Ukraine’s wheat harvest is estimated at 23 million tons (+1 million), with exports at 15 million tons (-0.5 million) and ending stocks at 1.93 million tons (+1 million).
The U.S. wheat harvest is projected at 52.45 million tons, with exports at 24.49 million tons (+0.68 million) and ending stocks at 22.96 million tons (-0.68 million).
USDA analysts expect China’s wheat production in 2025/26 to reach 140 million tons, imports at 6 million tons, and ending stocks at 124.78 million tons.
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.
Read also
Black Sea & Danube: Crop and Export Forecast
USDA analysts left unchanged the forecast of corn exports from Ukraine
Gas shortages cut sugar and edible oil demand in India
Rising costs offset the rally in agricultural commodities — CoBank
Malaysian palm oil futures rose slightly by midday on Thursday
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon