en.Wedoany.com Reported - The Food and Agriculture Organization of the United Nations (FAO) released its latest "Food Outlook" report in Rome on June 18, 2026. The report indicates that global total cereal production in 2026 is expected to decrease by 2.0% year-on-year to 2.982 billion tonnes, but will remain at historically high levels. Consumption is projected to continue growing, with food consumption expected to increase by 1.0%.

Affected by production declines in major exporting countries and regions (particularly Australia, the European Union, and the United States), global wheat production in the 2026/27 season is forecast to drop by 3.8% to 810.9 million tonnes, with U.S. production expected to decrease by as much as 21.3%. Despite positive prospects for coarse grain production in South America (especially maize in Argentina), global coarse grain production in the upcoming season is expected to decline by 1.2% to 1.619 billion tonnes, due to reduced planting area and yields in North America. Global soybean production for the 2025/26 season is projected to reach a new record of 432.3 million tonnes. Global meat production is expected to increase by 1.0% to 391.3 million tonnes, with poultry meat production likely to grow by 2.5%. Global fisheries and aquaculture production in 2026 is forecast to rise by 1.0% to 200.5 million tonnes.

FAO Chief Economist Máximo Torero stated that while agrifood systems appear robust at the production level, risks are intensifying, many of which could rapidly affect global supply and access channels. The report also notes that factors such as weather changes (including the emergence of El Niño), energy and fertilizer market volatility caused by conflicts, geopolitical tensions, trade policy uncertainties, and broader macroeconomic headwinds continue to profoundly constrain market prospects. Per capita cereal consumption in low-income food-deficit countries is expected to decline slightly by 0.4%.

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