# USDA raises wheat crop forecast; EU unchanged. What about corn?

> The USDA's November report raised its global 2026/27 wheat production forecast by 5.1 million tonnes to 827.5 million, with gains in Argentina, Australia, Kazakhstan and Ukraine, while EU estimates were unchanged. The agency cut its world corn production forecast by 2 million tonnes to 1,291.5 million.

- Date: 2026-11-12 · published 2026-11-12T18:14:04.321Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/95907-usda-raises-wheat-crop-forecast-eu-unchanged-what-about-corn
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A larger world wheat supply with exports slightly lower points to ample wheat for feed use and pressure on prices, while the smaller corn crop tightens corn supply modestly.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-09 | [France raises crop forecasts for wheat, maize and](https://feedsoft.ai/events/43990-france-raises-crop-forecasts-for-wheat-maize-and.md) | +1.8% | +0.7% |
| WHEAT | 2022-02-24 | [USDA cuts corn, raises soy and wheat acreage for 2022](https://feedsoft.ai/events/13389-usda-cuts-corn-raises-soy-and-wheat-acreage-for-2022.md) | +6.8% | +25.3% |
| WHEAT | 2022-10-11 | [Wheat, corn futures slip ahead of key USDA crop forecasts \| Financial Post](https://feedsoft.ai/events/5088-wheat-corn-futures-slip-ahead-of-key-usda-crop-forecasts-financial-post.md) | +3.1% | +4.3% |
| WHEAT | 2024-05-17 | [Strategie Grains raises EU soft wheat crop forecast to 123.5 mln tons](https://feedsoft.ai/events/30175-strategie-grains-raises-eu-soft-wheat-crop-forecast-to-123-5-mln-tons.md) | +19.4% | +8.4% |
| WHEAT | 2022-05-28 | [Coceral Association raises forecast for soft wheat in EU and UK after rains](https://feedsoft.ai/events/41356-coceral-association-raises-forecast-for-soft-wheat-in-eu-and-uk-after-rains.md) | -2.1% | -3.9% |
| CORN | 2022-02-24 | [USDA cuts corn, raises soy and wheat acreage for 2022](https://feedsoft.ai/events/13389-usda-cuts-corn-raises-soy-and-wheat-acreage-for-2022.md) | +6.5% | +12.3% |
| CORN | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | +1.6% | +2.9% |
| CORN | 2025-08-26 | [MARS raises EU soft wheat yield forecast to 6.15 t/ha](https://feedsoft.ai/events/23267-mars-raises-eu-soft-wheat-yield-forecast-to-6-15-t-ha.md) | +2.1% | +7.0% |

## Sources

- topagrar.pl: https://www.topagrar.pl/articles/raporty-usda/usda-podnosi-prognoze-zbiorow-pszenicy-w-ue-bez-zmian-a-co-z-kukurydza-2694912

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