The European Commission has lowered the forecast for European wheat exports in 2025/26 MY

The European Commission has reduced the forecast for soft wheat exports by the European Union countries in 2025/MG - from 31 to 29.5 million tons, reports Zerno online. "Currently, European wheat is experiencing strong competitive pressure from Argentine grain. This season, Argentina may export a record amount of wheat due to the highest yield in its history," explains the reason for the reduced estimate in the report. Due to the deteriorating prospects for European wheat exports, the European Commission has increased its forecast for its ending stocks from 11.7 to 13 million tons. At the same time, the European Commission has increased its forecast for barley exports in the current season from 10.1 to 11 million tons and reduced its forecast for its carryover stocks from 6.1 to 4.2 million tons. The European Commission also increased its estimate for corn production in the EU in the current season from 57.8 to 58.2 million tons, while keeping its forecast ...