Global cereal production in 2020 and preliminary forecasts for 2021 - FAO

Published 2021년 2월 4일

Tridge summary

The United Nations' Food and Agriculture Organization (FAO) has updated its 2020 cereal production forecast, showing a slight increase from 0.1% to 2.744 million tons. This is primarily due to higher-than-expected wheat harvests in Australia, Canada, and Iraq, and rice yields in China, the Philippines, and Guinea. However, the forecast for coarse grains, especially corn, has been reduced due to adverse weather conditions in the United States and Ukraine. For 2021, preliminary indications suggest a modest increase in winter wheat in the Northern Hemisphere, including the United States and Europe, despite dry conditions. In contrast, Argentina's corn production is expected to decline due to drought, while South Africa's production forecasts have improved due to favorable crop types and increased acreage.

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Original content

Date of publication: 04/02/2021 FAO's forecast for global cereal production in 2020 has been raised, and preliminary forecasts for 2021 indicate modest increases in wheat production in the Northern Hemisphere and a decrease in corn production in the Southern. According to the latest forecast, the volume of cereal production in the world in 2020 was almost 2,744 million tons, which is slightly higher (by 0.1 percent) than forecast in December. In terms of major grains, the forecast for global wheat production has been revised upward by 4.8 million tons to a record high of 766.5 million tons. The increase is mainly due to higher-than-expected harvests, which have brought production in Australia and Canada to their second highest in all previous years and, according to the latest official estimates, wheat production in Iraq has also increased. The forecast for global rice production in 2020 was raised by 2.2 million tons to a record high of 510.6 million tons, up 1.8 percent from ...

Source: Oilworld