USDA raises Ukrainian wheat harvest estimate this year
USDA forecasts world wheat production in MY 2025/26 at 816.2 million tons (+9.3 million tons compared to the previous forecast), according to the USDA report for September.
The forecast for world wheat exports is 214.2 million tons (+1.19 million tons). Experts have increased the forecast for ending wheat stocks in the world to 264.06 million tons (+3.98 million tons).
The estimated wheat harvest in Ukraine is 23 million tons (+1 million tons), exports will be at 15 million tons (-0.5 million tons), ending stocks are 1.93 million tons (+1 million tons).
The forecast for the wheat harvest for the USA is 52.45 million tons. Estimated exports are 24.49 million tons (+0.68 million tons), ending stocks are 22.96 million tons (-0.68 million tons).
Forecast for major wheat exporters for MY 2025/26:
| Country | Harvest, mln tons | Export, mln tons | End stocks, mln tons |
| Argentina | 19,5 (-0,2) | 13 (0) | 4,15 (-0,2) |
| Australia | 34,5 (+3,5) | 25 (0) | 5,28 (+0,9) |
| Canada | 36 (+1) | 27 (0) | 4,36 (+0,87) |
| EU | 140,1 (+1,85) | 32,5 (0) | 11,72 (-0,82) |
| Russia | 85 (+1,5) | 45 (-1) | 11,9 (-1,8) |
USDA analysts forecast wheat production in China in 2025/26 MY at 140 million tons, import estimate — 6 million tons, final reserves — 124.78 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
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Kazakhstan to export 10.4 mln tons of grain in MY 2025/26
Pea production in Ukraine is growing at the fastest pace among agricultural crops
ADM, PepsiCo and Mars launch regenerative agriculture program in Poland
EU approves Malaysian palm oil certification
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon