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USDA's December report raised its 2025/26 global barley production forecast by 3.12 million tons to 152.94 million tons. Increases were concentrated in the EU, Canada, Australia and Russia.
The report also raised global wheat production by 8.92 million tons.
A larger world barley and wheat crop adds supply and pressures feed grain prices. Ukraine's barley forecast was unchanged, so the increase is concentrated in other exporters.
ukragroconsult.comDec 11, 2025Not enough comparable past events yet for a historical read.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), 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.
