The production of significant volumes of grains contributes to the replenishment of reserves.

This month, the FAO raised its forecast for global cereal production in 2025 by 0.7 percent (19.9 million tons) to 3,023 million tons, confirming expected record figures. The increase in the forecast is mainly due to higher-than-expected wheat yields in Argentina, Canada, and the European Union, resulting in a new record level of global wheat production. Similarly, the forecast for global feed grain production has been slightly revised upwards, reaching another peak value. This adjustment is based on updated data from China and the United States indicating increased corn acreage and higher-than-expected yields, while higher forecasts for barley production in Australia and Canada further supported expectations of record figures. Regarding rice, compared to December, the FAO raised its forecast for global production in the 2025–2026 season by 2.9 million tons. This was largely due to India, where official estimates for the 2024–2025 season's harvest were increased and the sowing of ...