World production and trade of maize, soybeans and wheat are set to reach new highs in 2025/26, driven by increased output in key regions. The London-based International Grains Council highlighted rising feed demand and renewed efforts to ease trade barriers during its 62nd Council Session, held on 12 June.
Global production of grains is projected to rise by 3% year-on-year in 2025/26 to a record 2,375 million tons, according to the International Grains Council (IGC). The boost is attributed largely to stronger maize crops in the EU, Argentina and the US. Trade volumes are forecast to expand by 2%, chiefly on higher wheat exports, while total grains consumption is also expected to set a new record on the back of increased use in feed, food and industrial sectors.
Soybean production is seen reaching 428 million tons, up 2% year-on-year, supported by robust South American harvests. The IGC noted that “stronger demand for soya products across all end use sectors was set to underpin record processing.” Although exports to China may remain steady, increased shipments to Africa and other Asian markets are anticipated.
Council members discussed the role of non-tariff barriers and urged enhanced dialogue on Sanitary and Phytosanitary (SPS) measures. The Council also renewed the Grains Trade Convention through 2027, launched a dashboard for countries to monitor trade and food security, and signed a MoU with the India Middle East Agri Alliance to improve transparency for regional feed and grain trade.