The FAO forecasts the largest increase in grain production in the last 12 years.

According to the October forecast of the Food and Agriculture Organization of the United Nations (FAO), the global production of cereals in 2025 will reach 2,971 million tons, which is 3.8% higher than last year's level and is the largest annual increase since 2013. The report indicates that the adjustment made is due to increased forecasts for the production volume of all crops. A significant increase in wheat production in Australia, corn in the United States of America, and rice in India is expected. According to experts' estimates, the global consumption of cereals in the 2025/26 MY season will reach 2,930 million tons: significant reserves are expected to be available for both food production and feed purposes. Global cereal stocks are expected to increase to 900.2 million tons by the end of the season, with global rice stocks potentially reaching a record level. The ratio of global cereal stocks to consumption will remain virtually unchanged at 30.6%, indicating favorable ...