World cereal markets remain well balanced in 2018/19, says FAO

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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 […]

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India’s wholesale inflation rises to 2.93% in February 2019

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, […]

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Dry seasonal conditions cut Australia’s summer crop prospects; wheat output down to 11-year low

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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 […]

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Australia says winter crop output to fall by 12% in 2018-19; wheat down 10%

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 […]

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Global grains output in 2017/18 seen only slightly higher; 2018/19 projection little changed, says IGC

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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 […]

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Rising prices fail to curb China’s barley demand; global stocks seen down a third against two years ago

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. […]

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Late boost to Australia’s winter crop production, says ABARES

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 […]

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Australia’s winter crop seen falling sharply on lower yields, says ABARES

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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 […]

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