# Global Cereal Stocks Forecast To Rise By 17.2 Million Tonnes In 2027: FAO

> The FAO forecasts global cereal production at 2,999 million tonnes in 2026, down from the 2025 record, with declines across major cereals and a 2.5% drop in rice production. Global cereal stocks are projected to rise by 17.2 million tonnes to the close of the 2027 seasons, largely because wheat inventories are accumulating in Russia and Ukraine amid export disruptions; cereal trade is forecast to fall 3.3%.

- Date: 2026-11-08 · published 2026-11-08T15:15:06.936Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/87702-global-cereal-stocks-forecast-to-rise-by-17-2-million-tonnes-in-2027-fao
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Accumulating wheat inventories are bearish for wheat prices, while lower rice production linked partly to adverse El Niño weather is supportive for rice. Lower projected cereal trade and weaker output elsewhere temper the effect of the higher aggregate stock forecast.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-01-15 | [Wasde: Black Sea revisions add 2 million tonnes to global wheat balances - Fastmarkets](https://feedsoft.ai/events/32183-wasde-black-sea-revisions-add-2-million-tonnes-to-global-wheat-balances.md) | +0.9% | -1.1% |
| WHEAT | 2020-12-09 | [Grain output forecast to rise in EU in 2021 \| 2020-12-09  \| World Grain](https://feedsoft.ai/events/49591-grain-output-forecast-to-rise-in-eu-in-2021-2020-12-09-world-grain.md) | -1.1% | +4.5% |
| WHEAT | 2026-10-15 | [France forecasts 31.486 million tonnes of soft wheat for 2026/27 \| Newsverum](https://feedsoft.ai/events/17064-france-forecasts-31-486-million-tonnes-of-soft-wheat-for-2026-27-newsverum.md) | +0.8% | — |
| WHEAT | 2024-11-27 | [Argentina’s soybean area updated while wheat output forecast at 17.6 million tonnes](https://feedsoft.ai/events/13892-argentina-s-soybean-area-updated-while-wheat-output-forecast-at-17-6-million.md) | -0.1% | +2.1% |
| WHEAT | 2018-01-16 | [Global Stocks-to-Use Ratios](https://feedsoft.ai/events/66936-global-stocks-to-use-ratios.md) | +2.7% | +6.3% |
| RICE | 2026-06-05 | [FAO Cereal Price Index rises in May \| World Grain](https://feedsoft.ai/events/18850-fao-cereal-price-index-rises-in-may-world-grain.md) | -1.5% | +3.4% |
| RICE | 2024-01-05 | [Global food prices fell in 2023 compared to 2022, except for sugar and rice \| PBS News](https://feedsoft.ai/events/6743-global-food-prices-fell-in-2023-compared-to-2022-except-for-sugar-and-rice-pbs.md) | +1.4% | +8.9% |
| RICE | 2023-04-19 | [Global rice shortage is set to be the biggest in 20 years](https://feedsoft.ai/events/36316-global-rice-shortage-is-set-to-be-the-biggest-in-20-years.md) | -2.5% | +0.4% |

## Sources

- urdupoint.com: https://www.urdupoint.com/en/middle-east/global-cereal-stocks-forecast-to-rise-by-172-2286101.html

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