by Elisa Donegatti

The balance between supply and demand is a key tool for understanding a market. TESEO’s homepage provides monthly updated balances for many cereals, oilseeds and some derived products. Here are the key updates from the latest outlook for the 2026/27 season:

🌽 Corn: Despite improved estimates for US availability, production is expected to decline compared with the 2025/26 season, both in the United States and globally, putting pressure on stocks. EU production is forecast to fall by 15.6%.

🌾 Wheat: The outlook for global stocks and exports is worsening, with both expected to decline compared with the previous season. Russia is expected to record the largest drop in exports, while Canada and Australia remain key suppliers on the international market.

🫘 Soybeans: Production and exports are expected to increase, driven mainly by the United States, while stocks are set to remain stable. Brazilian production is also forecast to grow by 3%. Its progress will be important to monitor in assessing South American supply and trade flows.

Explore the balances for Soybean Meal, Barley, Sunflower Seed, Rapeseed, Rice, Sorghum and Sunflower Meal on TESEO.clal.it >