USDA sees record Russia-Ukraine wheat ending stocks of 25.2 mmt in 2026/27

The USDA sees combined Russia and Ukraine wheat ending stocks at 25.2 million metric tonnes (926 million bushels) in 2026/27, a post-Soviet era record and up 72% since July, as Black Sea exports remain disrupted by war. The stockpile is larger than the entire annual US wheat export program.

Detected & updated continuously · Source: Nebula