Five-year baseline projections of supply and demand through to 2030/31

Taking into account a number of broad assumptions and the prevailing policy backdrop, this report provides comprehensive analysis and detailed projections of supply and demand for wheat, maize (corn), rice and soyabeans in the five years up to and including 2030/31. Additionally, summary world balances are included for other grains (barley, sorghum, oats and rye) and other oilseeds (rapeseed/canola and sunflowerseed).

As an aside, the outlook assumes that growing conditions are conducive for yield potential, and does not take account of any variability linked to particularly favourable or unfavourable weather in a specific season.

The report also includes detailed datasets (in excel format), globally and by country, where appropriate. Data up to 2025/26 are based on forecasts issued in GMR571, 20 November 2025.