# Global wheat production exceeds demand by 20 mln tons — GrainCorp

> GrainCorp reported that global wheat output exceeded consumption by about 20 million tons in fiscal 2026, pushing prices to multi-year lows below 600 US cents per bushel. The company posted a net loss of AUD 10.1 million for the year ended September 2026, driven by weaker grain trading margins. Disruptions to Black Sea grain exports have partly supported prices.

- Date: 2026-11-12 · published 2026-11-12T15:14:06.474Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/95728-global-wheat-production-exceeds-demand-by-20-mln-tons-graincorp
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Oversupply weighs on wheat prices and encourages farmers to hold back grain, which tightens physical trading. Continued Black Sea export disruption could lift prices if it persists into 2027.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/global-wheat-production-exceeds-demand-by-20-mln-tons-graincorp/

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