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2025-09-18 20:44:33
A bumper global wheat harvest is in sight, with production forecasts significantly raised. (1) The International Grains Council (IGC) has raised its forecast for global wheat production in 2025/26 by 8 million metric tons to 819 million metric tons, reflecting optimism about future wheat supplies. (2) In contrast, the IGC slightly lowered its outlook for global corn production for the same period. (3) The report indicates that the global corn production forecast for 2025/26 has been reduced by 2 million metric tons to 1.297 billion metric tons. (4) These figures reflect the diverging outlook for different crops in the current global agricultural commodity market.
