Latest WASDE global agriculture output projections for April

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The latest World Agriculture Supply and Demand Estimate report from the U.S. Department of Agriculture (USDA) gave the following projections for various crops for 2018/19. World 2018/19 wheat supplies are raised 2.1 million tons due mainly to increased beginning stocks that largely reflect multi-year revisions for Iran. Global production and exports are each reduced fractionally, […]

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USDA reduces global wheat supply estimates, coarse grain output; rice supplies raised on Indian output

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The U.S. Department of Agriculture (USDA) reduced Global wheat supplies are reduced, primarily on lower production forecasts for Kazakhstan and Iraq. Projected 2018/19 world trade is fractionally higher as larger EU and Brazil exports more than offset reductions for the United States and Mexico, it said in its latest World Agriculture Supply and Demand Estimates […]

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USDA raises world Wheat supply forecast by 800,000 tonnes

Despite a reduction in Australian production, world wheat supplies for 2018-19 have increased by 800,000 tonnes, according to the latest US Department of Agriculture (USDA) world supply report. A bumper Canadian crop and additional Russian carry-over stocks have levelled out the gap in grain production as Australian production suffers the effects of drought. Canada’s wheat […]

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Global wheat supplies reduced; coarse grain, oilseeds output lowered in latest USDA forecast

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The U.S. Department of Agriculture (USDA) said it was reducing global 2018/19 wheat supplies forecast, primarily on lower production forecasts for Australia and Russia. “Australia’s production is decreased 1.5 million tons to 18.5 million on continued dry conditions and possible frost damage. This would be Australia’s smallest production since 2007/08,” it said in its latest […]

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Australia says farm production value remains stable despite drought

The value of Australia’s farm production is forecast to remain relatively unchanged at $60 billion in 2018–19, well above the 10-year average of $56 billion, despite very dry conditions in some places, ABARES in the latest forecasts released in the September quarter Agricultural commodities report. “Although dry conditions are affecting agricultural production in eastern Australia, expected […]

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Global 2018/19 wheat, rise supplies, coarse grains output raised – USDA

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The U.S. Department of Agriculture (USDA) raised the 2018/19 forecast for global wheat and rice supplies, and coarse grains output in its latest monthly report, and said the oilseed outlook included higher production, lower trade, and increased stocks compared to last month. Wheat: Global wheat supplies for 2018/19 are raised 4.7 million tons on a […]

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Global wheat and coarse grain supplies decreased; rice, oilseeds raised in latest WASDE

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The latest World Agriculture Supply and Demand Estimate (WASDE) issued by the U.S. Department of Agriculture had the following details: Wheat Foreign 2018/19 wheat supplies are decreased 9.3 million tons primarily on lower production, which is the smallest in three years. The production declines are led by a 4.4-million-ton reduction for the EU reflecting continued […]

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FAO sees world cereal production falling but supplies remaining ample in 2018/19

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The outlook for world cereal production has improved since last month, but the forecast production would still fall short of both last year’s record level and the anticipated consumption requirements in the 2018/19 marketing season, the FAO said in its latest monthly report. Consequently, world cereal stocks are set to decline – a decrease mostly […]

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India says total foodgrains production in 2017/18 estimated at record high of 277.49 million tonnes

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The estimated production of various crops in India in 2017-18 has been pegged at 277.49 million tonnes, the agriculture ministry said in its second advance estimate data. Details: Foodgrains – 277.49 million tonnes (record) Rice – 111.01 million tonnes (record) Wheat – 97.11 million tonnes Coarse Cereals – 45.42 million tonnes (record) Maize – 27.14 […]

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