26 June 2026
9 min reading
News
Wheat supplies remain ample, but access and logistics will define 2026/27
Speaking at the IDMA Global Grain & Milling Forum in Istanbul, Alexander Karavaytsev, Senior Economist at the International Grains Council, said global wheat production in 2026/27 is forecast to fall by 3% from the previous year’s peak, but overall supplies are expected to remain ample thanks to record carry-in stocks. Karavaytsev highlighted El Niño risks, smaller crops in major exporting countries, weaker import needs in some key destinations and the growing importance of freight, logistics and currency movements in shaping global wheat trade.
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