# Global Wheat Production Forecast Revised Down Amid Weather Challenges

> The International Grains Council cut its 2026/27 global wheat production forecast by 3 million tonnes to 782 million tonnes, citing adverse weather in key growing regions. Global wheat stocks are still projected at 296 million tonnes, while maize production is forecast at 1.234 billion tonnes, slightly lower amid variable crop conditions.

- Date: 2026-11-05 · published 2026-11-06T12:15:58.895Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/83899-global-wheat-production-forecast-revised-down-amid-weather-challenges
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The forecast reduction is modest relative to projected ample stocks, limiting its potential price impact, though it adds some support to wheat and corn prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-08 | [Wheat production forecast down: NAB - Grain Central](https://feedsoft.ai/events/69415-wheat-production-forecast-down-nab-grain-central.md) | +0.5% | -0.8% |
| WHEAT | 2021-03-29 | [Outlook Dims for Global Spring Wheat Production](https://feedsoft.ai/events/48188-outlook-dims-for-global-spring-wheat-production.md) | -0.5% | +4.2% |
| WHEAT | 2020-09-24 | [Wheat prices rose because of lower production forecast for Argentina](https://feedsoft.ai/events/10435-wheat-prices-rose-because-of-lower-production-forecast-for-argentina.md) | +6.7% | +11.0% |
| WHEAT | 2023-07-28 | [Australia forecasts 34% decline in wheat production](https://feedsoft.ai/events/35012-australia-forecasts-34-decline-in-wheat-production.md) | -0.1% | -2.1% |
| WHEAT | 2022-02-17 | [Dry Conditions Continue Affecting Global Wheat Production](https://feedsoft.ai/events/42757-dry-conditions-continue-affecting-global-wheat-production.md) | +3.9% | +12.4% |
| CORN | 2026-04-23 | [Market Snapshot \| Costly inputs and weather burden global wheat production - Pro Farmer](https://feedsoft.ai/events/19768-market-snapshot-costly-inputs-and-weather-burden-global-wheat-production-pro.md) | +1.7% | +2.9% |
| CORN | 2026-06-26 | [Corn: Dry weather forecasts drive up corn prices](https://feedsoft.ai/events/18832-corn-dry-weather-forecasts-drive-up-corn-prices.md) | -1.3% | +5.3% |
| CORN | 2023-08-29 | [When August Heat Kept US Corn Production From Record Levels](https://feedsoft.ai/events/13258-when-august-heat-kept-us-corn-production-from-record-levels.md) | -2.8% | -9.5% |

## Sources

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLQGbqLoaKVFqqKbA9eNtggW

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