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Weekly Grains Outlook

Bulls vs Bears01/06/26

 

Bullish factors Bearish factors

 

  • US wheat harvest forecast at 54-year low
  • Major exporter stocks decline in 2026/27
  • Strong biofuel demand
  • Energy market support
  • Rising fertiliser prices lift production costs, threaten sowings
  • China may buy significant US grains
  • Comfortable end-2025/26 major exporter wheat stocks
  • Potential end to Iran war?
  • Rains stabilise European crop
  • Seasonal pressure from Argentine, Brazilian corn harvests. Start of northern hemisphere wheat harvest, strong MENA importer harvests

 

 

Wheat opinion

IGCgrainprices 01.06.26
Rising US wheat prices trigger imports from cheaper origin Europe

 

 

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