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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India likely to export 10 million tonnes of non-Basmati rice in 2020-21 season

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After having already exported around 7 million tonnes of non-basmati rice till November 2020, India is likely to export around 10 million tonnes in the 2020-21 season, said All India Rice Exporters Association (AIREA). This could be a record year for non-basmati rice exports for the country, AIREA said. India had exported around 5.04 million […]

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Indian traders urge payment mechanism with Iran to improve record basmati exports

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India’s basmati rice exports are set to touch a record 5 million tons in 2020/21, which could potentially increase still further if the government and state-run agencies are able to resolve a payment snag with key consumer Iran, Vinod Kaul, executive director of the All India Rice Exporters Association said Tuesday. Speaking at a meeting organised by […]

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Global grains production forecast cut by 7 million tonne month/month to 2.219 billion tonnes – IGC

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The forecast for world total grains (wheat and coarse grains) production in 2020/21 is cut by 7m t m/m (month-on-month), to 2,219m, with a 10m downward adjustment for maize only partly offset by upgrades for other grains, the International Grains Council (IGC) said in its latest monthly report. The reduced outlook for global maize production is mainly […]

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