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 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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FAO sees world cereal production falling but supplies remaining ample in 2018/19

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The outlook for world cereal production has improved since last month, but the forecast production would still fall short of both last year’s record level and the anticipated consumption requirements in the 2018/19 marketing season, the FAO said in its latest monthly report. Consequently, world cereal stocks are set to decline – a decrease mostly […]

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Indian government sets foodgrain production target at 284 million tonnes for 2018-19

The central government of India has set a foodgrain output target of 283.7 million tonnes during 2018-19, in the backdrop of a favourable monsoon forecast. The target is nearly 6 million tonnes or 2 per cent, more than the estimated production of 277.5 million tonnes in the last crop year (July-June). The targets set for […]

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