What We Eat
World corn stocks at 75 days of supply — below the 90-day buffer floor where one bad harvest becomes a price shock.
Data as of September 2026
Breadbasket Stress
CURRENT
Heat · Moisture · Vegetation · 9 major regions
← scroll →
| Region | Heat | Moisture | Vegetation | Trend | Risk |
|---|---|---|---|---|---|
Normal
Watch
Stress
Extreme
|
Normal
Watch
Stress
Extreme
|
Normal
Watch
Stress
Extreme
|
Improving
Stable
Worsening
|
||
| US Midwest Corn / Soy | +0.4 °C Normal | 94% Normal | +0.094 Normal | Stable | Normal |
| Ukraine Wheat / Sunflower | +1.2 °C Watch | 99% Normal | +0.018 Normal | Stable | Watch |
| India (IGP) Wheat / Rice | +0.5 °C Normal | 114% Normal | -0.003 Normal | Improving | Normal |
| Brazil (Cerrado) Soy / Corn | +1.2 °C Watch | 80% Normal | -0.033 Watch | Worsening | Stress |
| Morocco / N. Africa Wheat / Barley | +1.9 °C Watch | 106% Normal | +0.010 Normal | Improving | Watch |
| Australia Wheat | +0.6 °C Normal | 94% Normal | +0.063 Normal | Stable | Normal |
| Argentina (Pampas) Soy / Corn / Wheat | -0.5 °C Normal | 102% Normal | +0.132 Normal | Stable | Normal |
| Russia (Black Earth) Wheat / Sunflower | +0.4 °C Normal | 117% Normal | +0.022 Normal | Stable | Normal |
| EU Wheat Belt (Fr/De/Pl) Wheat / Barley | +2.2 °C Stress | 96% Normal | +0.033 Normal | Worsening | Stress |
SOURCE · NCEI CDR NDVI · NOAA PSL CPC · ERA5/CDS
35.7% of land
6 POPULATED CONTINENTS COMBINED · ANTARCTICA EXCLUDED
1991–2020 era mean
17.2% of land
Threshold
SPEI3 ≤ −1.0 · moderately dry or worse (McKee 1993/2011 classification)
Global % of land in drought · 1991–present
┊ El Niño peak (ONI), reference only
Regional breakdown
2026-08-01
Hover the trend line to see any month's regional breakdown
ⓘ methodology & sources
Standardised Precipitation-Evapotranspiration Index (SPEI), 3-month accumulation window, from Copernicus CDS's ERA5-Drought product (ECMWF; peer-reviewed methodology: Keune et al. 2025, Scientific Data). Unlike a raw precipitation deficit, SPEI factors in temperature via potential evapotranspiration — so it captures drought intensified by heat, not just by low rainfall. The global figure and the 6-continent breakdown both exclude Antarctica: a probe found it makes up 29.4% of all land grid cells in this product yet behaves nothing like the rest of the world (mean SPEI3 +0.21 vs −0.28 elsewhere) — blending a permanent ice sheet into a "land in drought" figure diluted the real number by ~2 points and has no food/water/ecosystem meaning. Continent boundaries are approximate lat/lon boxes (same convention as this site's other illustrative regions), not authoritative political borders — North Africa's Mediterranean coast is grouped with Europe, Russia east of ~45°E with Asia, Greenland with North America. "Moderately dry or worse" = SPEI3 ≤ −1.0, the standard WMO-referenced classification (McKee et al. 1993/2011). 0.25° global grid, monthly, 1991–2020 reference period. This is a global measure — it is not a substitute for the Southwest U.S. Palmer Drought Severity Index tracked on the American West panel, which remains its own regional card.
World Grain Stocks · Days of Supply
Corn
75.6 d
2026 · days of supply
-8.8 vs prior year
below 90d buffer floor
Wheat
122.6 d
2026 · days of supply
-2.6 vs prior year
Rice
133.9 d
2026 · days of supply
-5.4 vs prior year
ⓘ methodology & sources
World ending stocks expressed as days of domestic consumption remaining — the standard food-security buffer metric. Corn has fallen from ~95 days in 2022 to ~77 days in 2026, already below the 90-day floor where one bad harvest triggers a price shock. Wheat and rice remain comfortable; the spread between them is the story. Source: USDA FAS Production, Supply, and Distribution (PSD) database — world totals from all-country sum of ending stocks ÷ domestic consumption. Updated monthly alongside the WASDE.
1990–last 12 months
Trailing 12 months
Elevated-price period (≥120 pts, 2+ months)
US Wheat Production · WASDE
CURRENT
1,531million bushels
ⓘ methodology & sources
Headline value is the USDA WASDE 2026/2027 projection — a forward estimate, since the 2026 crop is not yet harvested. The chart below compares two eras with the intervening decades omitted (axis break): the early 1970s, the last time US production sat this low, against recent years ending in the 2026 projection (dashed red bar). If this projection holds, it would be the smallest US wheat crop in over 50 years. Bars are NASS realized production; the dashed bar is the WASDE forecast. Headline source: WASDE via ESMIS, migrated May 2026 off the Akamai-blocked www.usda.gov; history: USDA NASS Quick Stats.
SOURCE · usda_wasde_csv