
An IERiGŻ report says global wheat production is forecast to fall 2.6% in 2026/27 while use edges above production, and coarse-grain production is expected to decline as use exceeds output. Poland harvested 35.3 million tonnes of grain in 2026, down 5% year over year; drought reduced production, and the report forecasts lower domestic supplies and ending stocks.
Tighter global and Polish grain balances, alongside lower stocks, could support wheat and feed-grain prices. Black Sea logistics risks and high freight costs add uncertainty to export availability and delivered prices.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.