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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Chinese revision sees hike in global rice supplies

Global 2018/19 rice supplies are seen increasing by 17.7 million tons to 651.4 million, mostly due to revisions for China, the U.S. Department of Agriculture (USDA) said in its latest monthly report. USDA incorporated China’s rice production revisions from 2007/08 through 2017/18, which consequently raised its supplies over this multi-year period. “The cumulative increases in […]

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Global wheat supplies seen up in 2018/19 on higher production

The U.S. Department of Agriculture (USDA) raised global 2018/19 wheat supplies by 6.7 million tons on both increased production and beginning stocks, with the vast majority of this change stemming from the updated production data released by China that made significant output changes from 2007/08 through 2017/18. In addition, the USDA also raised China’s 2018/19 […]

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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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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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Global oilseed demand growth forecast to outpace production again – USDA

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Global oilseed production is forecast to grow slightly in 2018/19 with soybean production projected up, as Argentina is forecast to rebound from this year’s drought, offsetting year-over-year declines in production of the United States, the U.S. Agriculture Department (USDA) said. It said in its latest World Agriculture Supply and Demand Estimates (WASDE) that rapeseed and […]

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