World record harvest pressures wheat prices

The global wheat crop for 2025/26 is expected to reach 837.8 million tons, according to USDA estimates. The increase in supply has raised global stocks and caused a drop in international prices. According to the International Center for Economic Analysis and Agricultural Market Studies (CEEMA), global ending stocks are expected to reach 274.9 million tons, an increase of 14.9 million from the previous cycle. The greater availability of wheat in the world market is putting pressure on prices, especially for exporters. Argentina stands out with a record harvest of 25.5 million tons. The volume positions the country as one of the largest global suppliers and reinforces competition among exporters. In the Chicago Mercantile Exchange, wheat closed the week at $5.34 per bushel, with a downward trend. The selling pressure originates from robust supply estimates and high stocks, which reduce buyers' appetite for higher prices. Brazil is expected to import around 7.3 million tons of wheat ...