
For 2026/27, USDA’s official forecast puts Ukraine’s corn exports at 22.0 million tonnes and wheat exports at 12.5 million tonnes, while the agency’s Kyiv office estimates 10.2 million and 8.70 million tonnes, respectively. The Kyiv office also forecasts sharply higher ending stocks, citing restrictions on Black Sea port use that constrain grain marketing.
Lower export availability from Ukraine could tighten global corn and wheat supply and support prices, while larger stocks indicate grain may remain trapped domestically. The gap between the estimates highlights uncertainty over how much Ukrainian grain can reach export markets.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.