Brazil Forecast to Import More Wheat in 2026 but Less From Argentina
Brazil is expected to increase wheat imports in 2026 as higher production costs linked to the Iran conflict and uncertainty over El Niño reduce planting. Imports may exceed 7 million tonnes, with additional supplies likely sourced from the US and Russia due to Argentine quality concerns.
Brazil’s wheat imports are forecast to grow in 2026 as its own crop area declines due to higher costs linked to the Iran war and uncertainty over the impact of an expected El Nino weather event, industry experts said.
While imports will grow, quality issues in top supplier Argentina will push Brazil to source more wheat from countries such as Russia and the United States, likely at higher costs, the experts said.
“Mills expect to import between 1 million and 1.5 million metric tons of wheat from other origins (outside the South American trade bloc Mercosur),” Rubens Barbosa, CEO of industry group Abitrigo, said in an interview.
Brazil imported 6.87 million tons of wheat last year, and 2026 wheat imports could hit 7 million tons, Barbosa said, while consultancy Safras & Mercado forecasts more than 8 million tons in the 2026/27 crop cycle.
Brazil last saw wheat imports above 7 million tons in 2013.
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Source : Successful Farming
