Current world cereal production estimate for 2018, incorporating Chinese historical production revisions, stands at 2 655 million tonnes (including rice in milled terms), the U.N. food agency said in its latest monthly report. Although this figure is 46 million tonnes higher than the previous month’s estimate, world cereal production is still down 1.8 percent (48.8 […]
The International Grains Council (IGC) forecast that grains stocks would fall further in the 2019 season with an anticipated increase in both wheat and corn production insufficient to satisfy record demand. IGC see total stocks of grain falling by 29 million tonnes this season to 575 million tonnes following a 44 million tonne drawdown in […]
Inflation based on wholesale prices rose to 2.93% in February over the previous month due to hardening of prices of primary articles, fuel and power, according to latest government data. According to India’s commerce ministry’s latest release, the price of betel leaves, maize, arhar, bajra, barley, jowar, poultry chicken, moong, masur, wheat, paddy, urad, pork, […]
Drier and warmer than average seasonal conditions in cropping regions in Queensland and northern New South Wales during December and January have reduced prospects of summer crop production in 2018–19 after wheat output fell to 11-year low, the Australian Bureau of Agricultural and Resource Economics (ABARES) said in a report. The final wheat harvest total […]
Australia’s total winter crop production is expected to drop by 12 per cent to 33.2 million tonnes, with wheat crop down by 10 percent, as production declines in all eastern states, according to the latest crop report. According to the Department of Agriculture and Water Resources (ABARES) well below average production is expected in New […]
Rising consumption of grains across the world is expected drive global stocks down despite increases in production of corn and rice, the U.S. Department of Agriculture (USDA) said. For 2018/19, global corn production is projected up from last year due to larger crops in China, Brazil, and Argentina, it said in its latest World Agriculture […]
The estimate of total grains (wheat and coarse grains) production in 2017/18 is only a little higher m/m (month-on-month) as increases for wheat and maize are nearly offset by reductions for sorghum, oats and rye, the International Grains Council (IGC) said in its latest monthly report. With larger opening inventories than before and with consumption […]
China’s resurgent demand and lower global barley production are driving prices to their highest point in nearly 3 years, the U.S. Department of Agriculture (USDA) said in a report, adding that demand has particularly surged in the Chinese province of Guangdong where imported barley is used as a profitable energy component relative to other feedstuffs. […]
Favourable seasonal conditions in spring and early summer have resulted in the 2017–18 winter crop harvest exceeding expectations in some key growing regions of Western Australia, Victoria and South Australia, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said in a report on Tuesday. ABARES Executive Director, Dr Steve Hatfield-Dodds, said that in […]
Australia’s total 2017-18 winter crop production is seen falling by as much as 41 percent to 35.1 million tonnes due to an expected decline in average yields, the Australian Bureau of Agricultural an resource Economics and Science (ABARES) said in its latest report. Wheat production is forecast to fall by 42% in 2017-18 to 20.3 […]