THE European Commission The European Commission on Thursday (30) reduced its estimates for grain and oilseed production in the 2026/27 crop year, with the largest negative adjustment concentrated in corn production. In its monthly supply and demand report, the forecast for soft wheat production, the main cereal grown in the bloc, was revised from 126.3 million to 124.4 million tons, a volume 8% lower than that recorded in the 2025/26 season. The Commission also reduced its projection for soft wheat exports in 2026/27, from 30.0 million to 29.0 million tons. The largest cut occurred in the estimate for corn production, which went from 59.9 million to 51.9 million tons. The new volume represents a drop of almost 14% compared to the 2025/26 crop year. Although the European Commission did not detail the factors that motivated the revisions, analysts and industry authorities attribute the reduction in corn production to the decrease in planted area, pressured by increased energy and fertilizer costs, in addition to successive heat waves that affected crop development. The projection for barley production was also reduced, from 51.7 million to 51.05 million tons, compared to the 55.6 million tons harvested in 2025/26. In the case of sunflower seeds, the estimate fell from 10.1 million to 9.5 million tons. Despite the revision, production is still expected to exceed the 8.7 million tons recorded in the previous season.

This text was translated by machine from Brazilian Portuguese.