Combined wheat output in Russia, Ukraine and the EU seen at five-year low on poor weather conditions

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Combined wheat production in the European Union, Russia, and Ukraine is forecast down 12 percent from last year to the lowest level in 5 years, the U.S. Department of Agriculture (USDA) said on Friday. It said in its latest monthly production report that the EU wheat crop is down 9 percent from last year on […]

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Global wheat trade forecast at record high in 2017/18 after rising 60 percent in past decade.

Global wheat trade in 2017/18 is forecast at a record, having grown by nearly 60 percent over the last decade, as import demand from Southeast Asia, Sub-Saharan Africa and the Middle East continues to grow, the U.S. Department of Agriculture (USDA) said. The demand in these regions are increasing because of rising populations and a […]

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Global corn production for 2017-18 estimated to be slightly lower, says USDA

Global corn production for 2017-18 is down with a significant cut in Serbia as well as lower forecasts for Ukraine, the European Union, and Russia, more than offsetting better prospects in Argentina and Mexico, the Foreign Agriculture Services (FAS) of the U.S. Department of Agriculture has said. Global trade is raised slightly on higher projected […]

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Global coarse grain 2017/18 production forecast raised by 2.4 million tons in latest USDA report

Global coarse grain production for 2017/18 is forecast up 2.4 million tons to 1,316.5 million, the U.S. Department of Agriculture (USDA) said in its latest World Agriculture Supply and Demand Estimates (WASDE) report. “The 2017/18 foreign coarse grain outlook is for greater production, slightly lower consumption, reduced trade, and larger stocks relative to last month,” […]

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