# IGC: Grain production falls but GOI prices rise | World Grain

> The IGC forecasts 2026-27 global total grains production to fall 3% from the prior season's record, with wheat and corn output below last year. Black Sea export disruption is slowing global wheat flows, with total grain shipments expected to slip to 451 million tonnes.

- Date: 2026-09-17 · published 2026-09-17T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9696-igc-grain-production-falls-but-goi-prices-rise-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower production and slower trade tighten feed grain supplies and support prices. Smaller harvests in Oceania, Europe and the Americas outweigh bigger crops in North Africa and Near East Asia.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- RICE: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-03 | [Australian grain production falls to average levels  \| World Grain](https://feedsoft.ai/events/47057-australian-grain-production-falls-to-average-levels-world-grain.md) | -5.4% | -5.4% |
| WHEAT | 2026-09-04 | [FAO Food Price Index rises again \| World Grain](https://feedsoft.ai/events/17533-fao-food-price-index-rises-again-world-grain.md) | +1.4% | +0.4% |
| WHEAT | 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) | -0.4% | +1.5% |
| WHEAT | 2022-07-12 | [France projects lower wheat production \| World Grain](https://feedsoft.ai/events/40421-france-projects-lower-wheat-production-world-grain.md) | +7.2% | +7.0% |
| WHEAT | 2021-07-22 | [India’s grain production to reach new record highs  \| World Grain](https://feedsoft.ai/events/46030-india-s-grain-production-to-reach-new-record-highs-world-grain.md) | -1.2% | +0.8% |
| CORN | 2026-09-04 | [FAO Food Price Index rises again \| World Grain](https://feedsoft.ai/events/17533-fao-food-price-index-rises-again-world-grain.md) | +0.5% | +1.9% |
| CORN | 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) | -1.1% | -3.8% |
| CORN | 2019-06-06 | [Ukraine grain production rising; logistic issues remain \| 2019-06-06  \| World Grain](https://feedsoft.ai/events/58449-ukraine-grain-production-rising-logistic-issues-remain-2019-06-06-world-grain.md) | +2.8% | +4.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/23226-igc-grain-production-falls-but-goi-prices-rise

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