Loading…
AMIS forecasts global wheat trade in 2026/27 to fall 8.5% to 193.2 million tons, mainly due to logistical disruption in Black Sea exports from Ukraine and Russia. Global wheat production is projected to rise 5.2 million tons to 819.1 million tons, with ending stocks at 360.6 million tons.
Corn production is forecast up 16 million tons to 1.318 billion tons, and soybean output is also raised.
Lower wheat trade with higher production and rising stocks points to ample supply outside the Black Sea, which limits the bullish impact of export disruption. Higher corn output and stronger bioethanol and feed demand are mixed for corn prices.
insights.tridge.comNov 11, 2026After 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 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
