# Grain price forecasts 2027: why wheat and corn will rise sharply?

> The World Bank's October Commodity Markets Outlook projects grain prices rose 14.1% in 2026 and will rise a further 9.3% in 2027, with wheat up about 14%. Global wheat exports are forecast to fall 7% in 2026/27, with Ukraine down 11% and Russia down 8%. Attacks on Black Sea shipping and high energy costs are cited as the main drivers.

- Date: 2026-11-03 · published 2026-11-03T19:42:03.995Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/78369-grain-price-forecasts-2027-why-wheat-and-corn-will-rise-sharply
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Black Sea export volumes tighten global wheat supply and support prices, raising feed grain costs for buyers. High energy costs also lift processing and transport expenses across the feed chain.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-01-27 | [Smaller wheat and oat crops forecast for Canada \| 2021-01-27  \| World Grain](https://feedsoft.ai/events/49209-smaller-wheat-and-oat-crops-forecast-for-canada-2021-01-27-world-grain.md) | -10.0% | -0.5% |
| WHEAT | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | +3.4% | +0.5% |
| WHEAT | 2022-10-24 | [Canada lifts grain price forecasts, as it upgrades wheat export hopes - Grain Price News](https://feedsoft.ai/events/39181-canada-lifts-grain-price-forecasts-as-it-upgrades-wheat-export-hopes-grain.md) | -0.6% | +1.5% |
| WHEAT | 2022-09-30 | [Key data in USDA stocks and wheat harvest reports, and difference from market forecasts - Grain Price News](https://feedsoft.ai/events/39554-key-data-in-usda-stocks-and-wheat-harvest-reports-and-difference-from-market.md) | +0.4% | -10.7% |
| WHEAT | 2020-06-25 | [EU sharply cuts soft wheat harvest forecast again - Markets - Business Recorder](https://feedsoft.ai/events/52547-eu-sharply-cuts-soft-wheat-harvest-forecast-again-markets-business-recorder.md) | +0.8% | -5.4% |
| CORN | 2025-09-17 | [France Updates Wheat and Corn Production Forecasts for 2025](https://feedsoft.ai/events/22802-france-updates-wheat-and-corn-production-forecasts-for-2025.md) | -0.9% | -3.5% |
| CORN | 2024-04-16 | [USDA revises corn and sorghum forecasts for 2023/24 \| Feed & Grain](https://feedsoft.ai/events/30811-usda-revises-corn-and-sorghum-forecasts-for-2023-24-feed-and-grain.md) | -0.3% | +3.3% |
| CORN | 2022-12-28 | [FORECAST - Will corn prices achieve a sixth successive year of gains in 2023? - Grain Price News](https://feedsoft.ai/events/38239-forecast-will-corn-prices-achieve-a-sixth-successive-year-of-gains-in-2023.md) | +0.1% | -0.4% |

## Sources

- cenyrolnicze.pl: https://www.cenyrolnicze.pl/wiadomosci/rynki-rolne/zboza/44407-prognozy-cen-zboz-2027-dlaczego-pszenica-i-kukurydza-drastycznie-zdrozeja

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.