# NBU Raises 2026 Grain Harvest Forecast but Lowers Outlook for 2027 Amid Export Challenges

> Ukraine’s National Bank raised its 2026 grain harvest forecast to 64.43 million tonnes from 62.19 million, but cut its 2027 forecast to 58.12 million from 63.1 million. It cited high yields behind the stronger 2026 crop and export disruptions and limited farm finances as factors that could reduce 2027 planted area; the combined grain and oilseed harvest is forecast to fall in 2027 before partly recovering in 2028.

- Date: 2026-11-06 · published 2026-11-07T09:15:20.820Z
- Category: report · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/85842-nbu-raises-2026-grain-harvest-forecast-but-lowers-outlook-for-2027-amid-export
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The higher 2026 forecast adds to near-term supply, but export constraints can limit the amount reaching buyers; the lower 2027 outlook could tighten later supply. Shifts in planting from wheat and corn toward oilseeds could also alter the crop mix.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-03-30 | [World grain output expected to fall as record 2016 harvest weighs on prices](https://feedsoft.ai/events/72022-world-grain-output-expected-to-fall-as-record-2016-harvest-weighs-on-prices.md) | +0.4% | +1.2% |
| WHEAT | 2026-06-11 | [COCERAL advanced the forecast for the wheat harvest in the EU and UK in 2026](https://feedsoft.ai/events/18757-coceral-advanced-the-forecast-for-the-wheat-harvest-in-the-eu-and-uk-in-2026.md) | +4.1% | +2.3% |
| WHEAT | 2020-02-11 | [USDA lifts wheat, soybean export forecasts \| 2020-02-11  \| World Grain](https://feedsoft.ai/events/54562-usda-lifts-wheat-soybean-export-forecasts-2020-02-11-world-grain.md) | +4.4% | +9.6% |
| WHEAT | 2025-02-11 | [France increases soft wheat area estimates but is cautious about harvest outlook](https://feedsoft.ai/events/25975-france-increases-soft-wheat-area-estimates-but-is-cautious-about-harvest-outlook.md) | +2.0% | -3.0% |
| WHEAT | 2023-04-12 | [The USDA raised its consumption forecast and lowered its estimate of wheat stocks, but prices continued to fall](https://feedsoft.ai/events/36464-the-usda-raised-its-consumption-forecast-and-lowered-its-estimate-of-wheat.md) | +9.0% | -1.0% |
| CORN | 2019-09-19 | [Strategie Grains Raises EU Wheat Harvest, Export Outlook Again \| ESM Magazine](https://feedsoft.ai/events/57024-strategie-grains-raises-eu-wheat-harvest-export-outlook-again-esm-magazine.md) | +2.3% | +4.2% |
| CORN | 2018-10-25 | [Argentina corn output forecast higher, exports lower \| 2018-10-25  \| World Grain](https://feedsoft.ai/events/62385-argentina-corn-output-forecast-higher-exports-lower-2018-10-25-world-grain.md) | -1.3% | -5.3% |
| CORN | 2021-03-12 | [COCEREAL revises 2021 EU crop forecast lower  \| World Grain](https://feedsoft.ai/events/48084-cocereal-revises-2021-eu-crop-forecast-lower-world-grain.md) | -9.6% | +2.3% |

## Sources

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLa4tGczjTQeUgotdjnmrTRs

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