Archive · 3 Oct 2025
Wheat Prices Remain Bearish Amidst Record Global Production
Imagine the world is growing a lot of wheat, more than ever before!
Experts think the price of wheat will likely stay low because there's so much.
They predict a record amount of wheat will be grown, so farmers might not get as much money for their wheat.
Countries like the US, Australia, and the EU are expected to have good harvests, which adds to the large supply.
The market is also seeing people betting that the price will fall.
All of this is expected to keep the price down.
Global wheat production is forecast at a record high exceeding 815 million tonnes.
Analysts predict downward pressure on wheat prices.
Research agency BMI revised its wheat price forecast for 2025 to $5.46/bushel.
Global wheat imports are expected to increase.
Money managers continue to hold net short positions on wheat.
- Who
- Analysts and research agencies such as BMI and USDA.
- What
- Global wheat prices are expected to remain bearish.
- When
- Forecasts are for 2025 and the 2025-2026 season.
- Where
- Global wheat markets including the US, Australia, European Union, Canada, Russia, Ukraine, Kazakhstan, and Argentina.
- Why
- Due to record high production and increased global supply.
Market Outlook
Supply and Demand Dynamics
Price Predictions
Market Outlook
Experts and agencies predict falling wheat prices.
Supply and Demand Dynamics
High global production and increasing supply contribute to the bearish outlook.
- 2025-26 Global Wheat Production Forecast
- Record high 816.2 million tonnes
- BMI Wheat Price Forecast for 2025
- $5.46/bushel
- Year-on-year decrease in prices
- 11.9%
- 2025-26 Total Grain Production Forecast
- 2,412 million tonnes
- Global Wheat Imports Forecast
- 210.7 million tonnes