FAO revises global cereal production slightly downwards in 2024/25

Published 2024년 11월 13일

Tridge summary

The United Nations' Food and Agriculture Organization (FAO) has forecasted a minor decrease in global cereal production for 2024/25, by 0.4 percent, although it will still be the second highest on record at 2,848.1 million tonnes. This is primarily due to a predicted decline in world maize production caused by unfavorable weather conditions, despite an expected rise in global wheat production, largely in Asia, due to expanded area and favorable weather. Rice planting is also expected to reach record levels, potentially leading to a 0.8 percent increase in world rice production from the already record-breaking 2023/24 results.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Food and Agriculture Organization of the United Nations (FAO) has revised global cereal production in 2024/25 down slightly by 0.4 percent from 2023/24 to 2,848.1 million tonnes (including rice), although it remains the second highest on record, according to FAO’s recently released Cereal Supply and Demand Brief. According to FAO, global wheat production in 2024/25 is projected to rise year-on-year to the second-highest level on record. “The increase is mainly due to a rebound in production in Asia, largely supported by expanded area; favourable weather has also led to good yields, which more than offset the large decline in production in some of the main European producing countries,” says FAO. Regarding the coarse grains outlook, the organization indicates that after reaching a record in 2023/24, world coarse grains production is projected to decline in 2024/25. “Most of the year-on-year decline is attributed to a considerable drop in world maize production, driven mainly by ...
Source: Agropopular

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.