Global cereal output still expected to reach an all-time high despite downward revisions, says FAO

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The UN food agency on Thursday reduced the world’s 2020 cereal production for a second consecutive month, by nearly 13 million tonnes, largely on expectations of diminished world coarse grains production, but global cereal output was still forecast at a record 2 750 million tonnes, surpassing the 2019 output by 1.6 percent. The reduction in […]

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China’s coarse grains consumption to rise 3.2% in 2020/21 on recovery in swine output

China’s coarse grains and feed-quality wheat consumption in  2020/21 are estimated to increase by 3.2 percent compared to the previous marketing year due to a projected recovery of swine production and strong expansion in the poultry and ruminant sectors, according to the US Department of Agriculture. Though typhoons caused heavy damage and extensive lodging in […]

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Non-US coarse grain output outlook lower for 2020/21; trade higher – USDA

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This month’s 2020/21 foreign coarse grain outlook is for lower production, slightly higher trade, and reduced stocks relative to last month, the U.S. Department of Agriculture (USDA) said in its latest supply and demand estimates report. “EU corn production is lowered, mostly reflecting reductions for Romania and France that are partially offset by increases for […]

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Global cereal production, utilisation, stocks and trade all set to rise to new records in 2020/21, says FAO

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The first forecasts for the 2020/21 season point to a comfortable cereal supply and demand situation in spite of uncertainties posed by the coronavirus pandemic that has hit the world hard, the Food and Agriculture Organization (FAO) said in its latest monthly report. Early prospects point to global cereal production in 2020 surpassing the previous year’s record […]

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India says increasing minimum buying price for summer crops by up to 50 percent

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The Indian government announced it was raising the minimum support price (MSP) for kharif crops by 50 percent to ensure remunerative prices to the growers for their produce. The government’s strategy is one of promoting sustainable agriculture with diversified cropping pattern matching with the country’s agro-climatic conditions, towards higher productivity without jeopardising nation’s bio-diversity, a […]

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USDA forecasts higher global supplies of wheat in 2019/20, coarse grains raised, rice lowered

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The 2019/20 global outlook for wheat is for slightly higher supplies, but reduced trade and utilisation, the U.S Department of Agriculture said in its latest monthly report. “Global production is lowered fractionally with several small mostly offsetting changes. Global exports are lowered 0.9 million tons, led by a 1.5-million-ton reduction for Russia, which was directly […]

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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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