Global flour trading is expected to increase in the third quarter of the 2020/2021 MY

Global flour trading is expected to increase in the third quarter of the 2020/2021 marketing year to 15.1 million tons in wheat equivalent due to the resumption of supplies to Asian countries. Flour supplies to countries such as Uzbekistan, Iraq and Afghanistan continue to increase, as a result of which global product trading will increase by 5.5% in the current marketing year. This was reported by World Grain with reference to the information of the International Grains Council, writes agronews.ua. If this trend continues, world flour trade in the third quarter of 2022021 marketing year will increase to 15.1 million tons compared to 14.3 million tons in the same period last marketing year. "Based on trade data to date, there are a number of compensatory changes in import performance, including a downward revision for Brazil, North Korea, the Philippines and Somalia, while forecasts are higher for the EU, the UK and Tajikistan." it is said in the message. Afghanistan and Iraq are ...