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According to the USDA office in Kyiv, Ukraine's wheat harvest in 2025/26 MY will be at 17.9 million tons, which is the lowest figure in 13 years and 23% less than last year's harvest. This was reported by Reuters market analyst Karen Brown, writes latifundist.com This is due to the fact that the soils were extremely dry during the sowing season, and low profitability reduced the area sown. Russian agencies are currently forecasting the wheat harvest in 2025/26 MY in the range of 79.7 million to 82.5 million tons, with the latter figure almost corresponding to last year's level. "Favourable weather could further improve crop conditions in both countries and reduce concerns, but today's initial forecasts are alarming, especially given that the USDA expects Ukrainian wheat exports in the 2025/26 MY to be more than half the record volume," Brown noted.

Iran expects a significant drop in this year’s wheat harvest due to adverse weather conditions, Iran’s state-run Press TV, which broadcasts in English and French, reported. Officials at the Iranian Agriculture Ministry had forecast a harvest of 9 million to 11 million tons this year, down from 16 million tons harvested last year. According to Iran’s Deputy Agriculture Minister Mohammad Reza Talai, the reduced rainfall has led to a significant drop in yields from parched fields in farms across the country. Talai, however, believes that higher yields could be achieved in Iran’s western and northwestern provinces, where wheat is harvested in late summer, due to more recent rainfall. The comments came after another deputy agriculture minister, Gholamreza Golmohammadi, said a week ago that Iran’s wheat harvest could fall to 8 million tons. Regardless of the size of the crop decline, Iran will need to import up to 6 million tons of wheat to meet growing domestic demand, spurred by ...

World wheat trade is expected to decline significantly. The US Department of Agriculture (USDA) expects the wheat trade to shrink as much as 9% in the current 2024-2025 season compared to the previous season. That would mark the sharpest 1-year decline in decades, the USDA said. One of the main causes is declining imports by major