
Poland's 2026 grain harvest fell 5% to 35.3 million tonnes because of drought and reduced rainfall. Global wheat output is projected down 2.6% and feed grain output down 2.5%, with feed grain stocks falling 8.3%.
Grain prices are forecast to rise through early 2027, with wheat possibly 15–25% higher by year-end.
Tighter global feed grain stocks and a smaller Polish crop raise the cost of corn and barley feed inputs. Buyers should expect higher prices into 2027.
After 1,076 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.