Browse Data and Analysis

For marketing year (MY) 2025/26, Post estimates that the wheat area harvested will total 193,000 hectares (ha), representing a 1.0 percent decrease from MY 2024/25 due to high input costs and low prices.

EU grain production in MY 2024/25 is expected to decline from last year’s levels due to a combination of smaller area planted to grains and lower yields affecting all grains except for barley and oats.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

In MY 2024/25, EU grain production is anticipated to exceed the previous season’s levels and amount to 274 MMT. Excessive rain currently prevails in the EU’s northwest, hampering winter grains development and impeding spring planting operations.

For MY 2024/25, Post estimates that wheat area harvested will total 195,000 hectares (ha), a 2.5 percent decrease from MY 2023/24 to due to high input costs and low prices. Wheat production will reach 1.17 million metric tons (MMT).

Extreme weather conditions across the EU reduced grain production projections in MY 2023/24, although production is still anticipated to exceed MY 2022/23 levels. EU grain export expectations have deteriorated based on third country competition in...

Chile is the second-largest South American market for U.S. agricultural products. Solid political institutions and a stable macroeconomic environment, combined with high consumer purchasing power, make Chile a lucrative market for U.S. producers of wheat, cheese, pet food, alcoholic beverages, and other consumer-oriented products.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

In MY 2023/24, EU’s grain production is anticipated to reach 285 MMT, up from the 267 MMT registered the previous season, when a severe drought pushed yields down. Favorable initial crop development conditions are reported across the EU, although spring rains in the EU’s southwest will be critical to replenish soil moisture and allow for yields to bounce back to average levels.

In marketing year (MY) 2023/24, Post forecasts wheat area harvested will reach 215,000 hectares (ha) and production will total 1.32 million metric tons (MMT), unchanged from MY 2022/23 as production was limited by the high costs of inputs.

Warm and dry summer conditions have taken a toll on EU grain production projections, especially in the case of corn. On a positive note, a surge in corn imports originating from Brazil and Ukraine, with the recent four-month extension of the Black Sea Grain Initiative, have increased predictability of the EU grain market balance.

Dry and warm conditions across the EU, combined with a decline in corn plantings, are anticipated to reduce the bloc’s total grain production in MY 2022/23. Nevertheless, EU exports of grains are expected to remain stable and partially replace Black Sea Region origins in international grain markets. EU grain importing Member States will expand their purchases in alternative grain suppliers to make up for the limited access to Ukrainian grain and the shorter domestic availability.