Original content
The U.S. Department of Agriculture (USDA) published an updated global forecast of the balances of major agricultural crops for the 2026/27 marketing year in October 2026. This was reported by the UCAAB press service. According to the October USDA forecast, the wheat balance estimates for Ukraine remained unchanged. The production forecast is maintained at 26.0 million tons, exports at 12.5 million tons, and ending stocks at 6.1 million tons. Thus, after the September increase in the harvest estimate and the reduction of the export forecast, USDA did not revise the main indicators of Ukraine’s balance this month. In the global wheat market, the production forecast was lowered by only 0.04 million tons — to 822.39 million tons. Specifically, the reduction in the EU harvest estimate by 0.8 million tons — to 133.0 million tons — was partially offset by an increase in the forecast for Canada by 0.5 million tons — to 36.5 million tons. At the same time, the global export was decreased ...