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IGC Grain Market Report GMR580 Summary (17 September 2026)

International Grains Council - GMR Summary Authoritative source Published 17th September 2026 United Kingdom

What the source reported

Source-reported

GMR Summary Top × Close previous next English | Français | Español | русский Log in Summary HIGHLIGHTS Increased 2026/27 crop forecasts for barley and wheat outweigh reductions for maize and sorghum, lifting the world total grains (wheat and coarse grains) production figure by 4m t m/m (month-on-month), to 2,420m, second only to last season's record. Tighter supplies and rising prices are expected to cap consumption, placed unchanged from before, at 2,444m t. Factoring in a smaller carry-in, the forecast of global closing stocks (aggregate of respective local marketing years) is up by 2m t, at 608m. With a downgraded outlook for wheat flows balanced by increases for maize and barley, the trade outlook is maintained at 451m t, down by 16m y/y (year-on-year). Reflecting marginal adjustments for South American producers, the Council's projection for world soyabean output in 2026/27 is trimmed slightly m/m, albeit still a peak. Feeding through to a reduced outlook for availabilities, figures for total use and stocks are lowered from previously. Prospects for global trade are near-unchanged m/m, at a record of close to 191m t (+2%). Given a downgraded outlook for rice consumption, expec

Publication
International Grains Council - GMR Summary · Commodity/Energy Organisation
Published
17th September 2026
Original report
igc.int

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What ProcIntel recorded

ProcIntel-derived
Category
Commodities & Input Costs
Geography
United Kingdom
Organisations
None identified
Collected
26th September 2026 · 17:50

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 3 · Material
Confidence 3 · Moderate

Initial Significance Material (45.0/100). Strongest contributor: Procurement Impact (27.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Moderate (40.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (28.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor
Procurement Impact
Limiting factor
Likely Event Severity