Grain shipments jump 13%, but weaker outlook ahead

AI Summary

Global grain shipments increased by 13% year-on-year in early 2026, driven by strong wheat, maize, and soybean exports from the Americas and Europe. Improved harvests have bolstered export surpluses and increased shipments to Asia, the Middle East, and North Africa.

“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major exporters have boosted their export surpluses, driving higher shipments to Asia, the Middle East and North Africa,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. ...