Al Jazeera Analytics cites estimates: Combined output from the seven major wheat exporters may drop 11% in the 2026–2027 season.
An Al Jazeera analysis article cited USDA estimates, stating that the combined output of the world's seven largest wheat exporters could fall by 11% in the 2026-2027 crop season. The article also quoted Ukraine's agriculture minister, who estimated that if ports remain closed, the country could lose at least $8 billion from June this year to June 2027. The author believes that attacks on Russian and Ukrainian grain shipments, coupled with production pressures, could drive up food prices and increase the burden on import-dependent countries.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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