Romania, Bulgaria confirm record 18.5m mt EU Black Sea wheat crop

The European Black Sea region has harvested a record wheat crop, with official data confirming a significant recovery in yields…

The European Black Sea region has harvested a record wheat crop, with official data confirming a significant recovery in yields compared with last year’s drought-affected crops, with two of the region’s main producers collectively delivering 18.5 million mt.

The move goes some way towards redressing losses expected elsewhere in the region.

Romania harvested a record 11.4 million mt of wheat, with yields nationally reaching 5.34 mt/ha, a level much higher than the previous record crop years that managed around 4.7-4.8 mt/ha, according to Adrian Oros, the Agriculture Minister, quoted in Romanian media. 

In production volume terms, it is around 78% higher versus last year when 6.4 million mt was harvested, according to European Commission data. 

Romania also harvested a bumper barley crop at 1.9 million mt, also a significant 73% production increase compared to last year. 

A little earlier this week, the Bulgarian agriculture ministry also confirmed to local media that the country’s wheat crop reached a record level at 7.1 million mt, with 99% now harvested.

That figure is also around 51% up compared to last year’s production numbers.

Trade sources had expected a record wheat crop in the region, with Romanian production numbers forecast to reach at least 11 million mt, while for Bulgaria the forecast was up to 7.5 million mt. 

Meanwhile, estimates from the European Commission remain below the official figures, with Romanian wheat output estimated at 10.1 million mt and Bulgarian at 6 million mt.

The USDA at its last update to its monthly world agriculture supply and demand report increased its outlook for EU wheat production by 400,000 mt to 138.6 million mt.

What to read next
US wheat futures and Euronext contracts were mixed on Tuesday June 16, with most US contracts moving lower, while Chicago soft red winter wheat futures posted gains. Euronext contracts also moved higher during the session. Global cash markets remained subdued, with limited activity as buyers largely stayed on the sidelines. Black Sea wheat prices are starting to trend lower under seasonal harvest pressure, while Australia, Europe and Argentina were broadly steady.
EU wheat exports reached 19.23 million tonnes as of May 31, according to European Commission data, yet weekly flow data from Rouen port collapsed 66.6% to 72,923 tonnes in the week to June 3, pointing to a sharp deceleration in physical trade.
Fastmarkets’ weekly recap of the main movements in global cash markets.
US wheat futures and Euronext contracts closed lower on Friday May 29, pressured by technical selling and weakness in crude oil markets. In global cash markets, activity was subdued heading into the weekend, with limited fresh business reported and most prices remaining unchanged.
Egypt is the world’s largest wheat importer, with consumption surpassing 20 million tonnes per year and a persistent structural import gap of approximately 10-13 million tpy despite initiatives to boost domestic production. Egypt also serves as a principal market for Black Sea suppliers, including Russia, Ukraine, Romania and Bulgaria. Until 2025, there was an established […]
This followed a period of open consultation with no feedback received from the market between April 2 and April 30, 2026, and a final decision published on April 30, 2026. Both the open consultation and final decision notes can be found here and here. The following prices were affected: Barley/Wheat Corn Soybean Vegoils Meals For more information or […]