Ukraine exported 9.7 million tons of wheat during the first nine months of the 2025/26 marketing year, accounting for 55% of its projected export target. According to the Ukrainian Agribusiness Club (UCAB), this represents a 25% decline compared to the same period last year.  The reason for the slowdown is a record harvest in the European Union – wheat production in the EU rose by 18% in the 2025/26 season. This increase in self-sufficiency sharply reduced demand for Ukrainian grain in