In Ukraine, UkrAgroConsult reported that the International Grains Council (IGC) has raised its global grain production forecast for the current season for the third consecutive time — by 13 million tons to a record 2.42 billion tons.
The revision mainly reflects higher output of wheat and barley, as updated data confirmed better-than-expected yields in several key producing countries.
Global grain production is now expected to increase by 98 million tons (+4%) compared to last season driven by significant rises in corn, wheat and barley.
Supported mainly by higher wheat output, global grain trade is seen up 2 million tons from the previous forecast to 440 million tons, which is 16 million tons above the previous year.
Global soybean production in 2025/26 is forecast nearly unchanged year-on-year at 428 million tons. Higher crops in Brazil, the Black Sea region and elsewhere will offset lower output in North America, according to the report.
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Category: Food & Agriculture
