Economy Country May 05, 2025

Global Wheat Market Faces Uncertain Future | Ours Abroad News

The global wheat market shows temporary hope but is shadowed by concerns over future stability due to weak forecasts for the upcoming harvest in Russia and Ukraine.


Global Wheat Market Faces Uncertain Future | Ours Abroad News

The latest updated data provides hope for a temporary improvement in the situation, however behind this improvement are worrying factors that threaten future stability. Weak forecasts for the upcoming sunflower harvest in the next season in Russia and Ukraine, which make up about 30% of global sunflower exports, indicate that the problem of supply deficits may reemerge by 2025-2026, and this time it could become a reality. Karen Braun, an expert in this field, notes that recently on the global sunflower market there have been significant changes: forecasts no longer indicate a decrease in global export inventories between 2024 and 2025 to minimal levels for the next couple of years, which may have been the expected result based on recent trends. In the past two months, data from the U.S. Department of Agriculture indicated that: