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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Rabi procurement to begin from 1 April in Haryana; wheat in Punjab rescheduled from 10 April

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The procurement process of rabi crops will start from April 1 in Haryana with Chief Minister Manohar Lal Khattar directing authorities to ensure transfer of full payment directly into farmers’ bank account. Presiding over a review meeting regarding procurement process of rabi crops here, the Chief Minister directed the concerned officials to make all necessary […]

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International Grains Council sees record global grain production in 2021/22 season

The International Grains Council (IGC) forecast global grain production would climb to a record 2.287 billion tonnes in the 2021/22 season, but expects the larger supply to be entirely absorbed by higher consumption. In its first full assessment for the 2021/22 season, the inter-governmental body projected a balanced market, with stocks at the end of […]

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Global wheat stocks-to-use ratio seen declining in 2020/21 despite record output, says USDA

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The global wheat stocks-to-use ratio is anticipated to decline in 2020/21 despite record production, with consumption up more than 10 percent from the prior year on more use in China and India, the U.S. Department of Agriculture said in its latest monthly update. Global stocks are up only marginally from 2019/20. Approximately half of stocks […]

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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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