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The International Grains Council's executive director said world wheat production for 2026/27 is forecast at 820m t, down 3% from last year's record, with big exporters' output falling sharply. The IGC expects world wheat trade to fall by about 15m t, and its wheat export price index remains 46% below its May 2022 peak.
Lower exporter output and shrinking trade volumes tighten the wheat supply available to importers, but ample global stocks and a price index well below its peak limit upside. Higher freight and fertiliser costs add to feed producers' expenses.
agriwebmedia.co.ukChris FNov 13, 2026After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
