World cereal production in 2021 seen rising for the third consecutive year, says FAO

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The UN Food and Agriculture Organization (FAO) expects world cereal production in 2021 to increase for the third consecutive year and has raised its preliminary global wheat production forecast on better than-earlier-anticipated crop conditions in several countries. Global wheat production is forecast to reach a new high of 785 million tonnes in 2021, up 1.4 […]

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Global wheat production in 2021 to hit a record 780 million tonnes: FAO forecast

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Global wheat production in 2021 is likely to increase and hit a new record of 780 million tonnes, according to FAO’s preliminary forecast, as expectations of a rebound in production in the European Union more than offset weather-impacted production prospects for output in the Russian Federation.  Maize production in South Africa is expected to reach […]

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World cereal production forecast raised, but stocks seen falling sharply and trade to exceed earlier predictions – FAO

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The UN food agency on Thursday raised its forecast for global cereal production in 2020 and said that early prospects for this year point to a modest increase in wheat production in the northern hemisphere and a decline in maize production in the southern hemisphere. The latest forecast for world cereal production in 2020 stands at nearly […]

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International Grains Council cuts its forecast for 2020/21 global grains production

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The International Grains Council (IGC) cut its forecast for a record global grains production by 9 million tonnes to 2.21 billion tonnes in 2020/21. The council also trimmed its projection for consumption during the season. In its monthly update, the inter-governmental body cut its forecast for corn (maize) by 13 million tonnes, partially offset by […]

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World 2020 cereal production forecast reduced further; global output seen reaching new record

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FAO’s forecast for global cereal production in 2020 has been lowered for the third consecutive month, with downward revisions for all the major cereals. Nonetheless, global cereal production is still expected to reach a record high level of 2 742 million tonnes, 1.3 percent above the previous year’s outturn, the UN food agency said in its latest […]

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Origo’s commodities securitization drive to pick momentum, confident of creating a new asset class

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Gurgaon-headquartered Origo Commodities, counted among the country’s front ranking agritech startups, has planned to significantly expand its commodities securitization drive in the next fiscal. Speaking with indoasiancommodities, Sunoor Kaul, Co-Founder & Director of the firm said the company is quite enthused with the results of its pilot project conducted in October this year and is […]

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