Wheat

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Australia's winter crop is forecast to fall 21% to 54.5 mt in 2026-27, removing a buffer from world grain trade.

5 June5 min read

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Wheat essentials

Russia’s Agricultural Export Ambitions: A Game-Changer in Global Trade

Russia aims to grow agri exports 1.5 times to $55 bn by 2030, using trading hubs in Shanghai and the UAE.

December 17, 2024

BRICS Grain Exchange: Why History Suggests Caution

Russia's BRICS grain exchange plan runs into clashing interests between exporters and big importers like China and India.

November 21, 2024

Turkey’s Wheat Flour Sector Hit by Dry Weather and Policy Shifts

Turkey's flour exports fell 41% as drought cut its wheat crop and duty-free import rules kept being suspended.

January 21, 2026

US Wheat Gains Ground in Asia and Africa on Competitive Pricing

US wheat exports are up 18% to 20.12 mt as Indonesia buys 47% more and African buyers move away from Russia.

January 9, 2026

Wheat Prices Stay Under Pressure as Bearish Trend Extends Into 2026–27

Wheat output for 2025-26 is now put at 828–829 mt, up from 809 mt, and weak Chinese demand keeps prices down into 2026-27.

December 19, 2025

ABARES Outlook: Mixed Signals Ahead for Global Agri Commodities in 2026

ABARES expects Australian farm prices to rise 6.4% in 2026, led by oilseeds and softs, while a record wheat crop holds cereals down.

December 18, 2025

Russian Wheat Prices Drop Sharply Amid Global Supply Challenges

Russian wheat prices fell to their lowest since August 2024 on big regional harvests, even as Egypt's buying lifted CBOT briefly.

November 13, 2025

IGC Outlook: Global Grains Estimate Indicates a Bearish Market Trend

The IGC expects world grain output to hit a nine-year high of 2,425 mt in 2025-26 on record maize and wheat crops.

October 27, 2025

Global Wheat Outlook: Tightening Supplies and Price Projections for 2025

World wheat stocks are set to fall to 259 mt in 2025-26 as use of 813 mt outpaces a 807 mt crop.

April 5, 2025

Global Wheat Flour Trade: Forecasted Decline in 2024-25 with Potential Recovery on Horizon

The IGC expects world wheat flour trade to fall 10% to 15.3 mt in 2024-25, mostly because Turkey is exporting less.

March 27, 2025

Turkiye Wheat Imports Set to Accelerate; Flour Exports Expected to Rebound

Turkey is bringing back its inward processing regime after a 40% fall in H1 imports and should buy over 5.5 mt of wheat.

February 28, 2025

Global Wheat Markets: Trade Wars and Weather Risks Shape February Outlook

Wheat rose about 3% in January on Trump's tariffs on Canada and Mexico and poor weather for India's winter wheat.

February 3, 2025

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