USDA’s estimate of Ukraine’s wheat harvest forecast unchanged

USDA has reduced its forecast for world wheat production in the MY 2025/26 by 0.37 million tons to 841.8 million tons, the ministry’s February report states.

The forecast for world wheat exports is 221.96 million tons (+2.2 million tons). Experts have reduced the forecast for ending wheat stocks in the world to 277.51 million tons (-0.74 million tons).

The forecast for the wheat harvest in Ukraine is unchanged – 23 million tons, exports will be at the level of 14 million tons, ending stocks – 1.63 million tons (-0.3 million tons).

The forecast for the wheat harvest for the USA is 54.01 million tons. The estimate for exports is also unchanged – 24.49 million tons, ending stocks – 25.34 million tons (+0.13 million tons).

Forecast for major wheat exporters for MY 2025/26:

USDA analysts forecast wheat production in China in MY 2025/26 at 140.07 million tons, import estimate — 6 million tons, ending stocks — 124.85 million tons.

Tags: crop forecast, Australia, Ukraine, China, EU, Canada, USDA Report, wheat, USA, Argentina