USDA largely holds October forecast for 2026/27 global grain output
The October WASDE updates supply-and-use projections for grains, oilseeds, rice, cotton and other commodities in the world and United States.
Event / data period:
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The U.S. Department of Agriculture’s October 9 World Agricultural Supply and Demand Estimates (WASDE) report updated global and U.S. supply-and-use balances for the 2026/27 marketing year. The world total-grains production projection edged up from 2,944.15 million metric tons in September to 2,944.32 million in October, while projected ending stocks rose from 778.32 million to 787.84 million tons.
For the United States, projected total-grains output increased from 459.56 million metric tons to 465.17 million, and ending stocks rose from 62.92 million to 70.77 million tons. The report also provides separate balances for wheat, corn, feed grains, rice, cotton, oilseeds, meat and sugar. These are marketing-year projections, not realized production or a physical inventory count.
Data
October 2026/27 grain output projections
USDA WASDE 676; projections for the 2026/27 marketing year.
- World total-grains production projection, 2026/27
- 2,944.32 million tonnes
- 2026 · Forecast
- U.S. total-grains production projection, 2026/27
- 465.17 million tonnes
- 2026 · Forecast
Methodology
The source identifies the 2026/27 marketing year and October report; the period field gives the marketing year’s start year, 2026. Values are production projections, not realized output.
Updated:
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