USDA did not change wheat production forecast for Ukraine
USDA forecasts world wheat production in MY 2025/26 at 808.5 million tons (+0.07 million tons compared to last season), according to the USDA report for June.
The forecast for world wheat exports is 214.33 million tons (+1.34 million tons). Experts have lowered the forecast for ending wheat stocks in the world to 262.76 million tons (-2.97 million tons).
The forecast for the wheat harvest in Ukraine has not changed – 23 million tons, exports will be at 16.5 million tons, ending stocks unchanged – 1.49 million tons.
The forecast for the wheat harvest for the USA is unchanged – 52.28 million tons. Estimated exports – 22.45 million tons (+0.68 million tons), ending stocks – 24.45 million tons (-0.67 million tons).
Forecast for major wheat exporters for MY 2025/26:
| Country | Yield, million tons | Export, million tons | Stocks, million tons |
| Argentina | 20 (0) | 13 (0) | 4,65 (0) |
| Australia | 31 (0) | 25 (0) | 4,32 (0) |
| Canada | 36 (0) | 27 (0) | 4,39 (0) |
| EU | 136,5 (+0,55) | 34,5 (+0,5) | 12,91 (+0,05) |
| Russia | 83 (0) | 45 (0) | 9,39 (-2) |
USDA analysts forecast wheat production in China in the MY 2025/26 at 142 million tons, estimated imports at 6 million tons, and ending stocks at 124.6 million tons (+0.7 million tons).
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
Oilseed Season 2025/26: Déjà Vu or New Chapter?
Nigeria, Brazil sign $1 billion deal to boost agriculture, energy
Corn exports from Ukraine in MY 2025/26 will increase by 3 mln tons
Feed wheat supplies are disappearing from the Black Sea markets, demand prices hav...
China’s feed production rises, soybean meal consumption falls
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon