USDA: Slightly higher forecast for world wheat production and lower for feed grains

게시됨 2024년 12월 10일

Tridge 요약

The global December wheat forecast for 2024/25 predicts a slight increase in production but a decrease in supplies, consumption, and trade, with ending stocks being the highest since the 2015/16 season. Shipments are expected to drop by 0.6 million tonnes, and global production is projected to decrease due to reduced forecasts in the European Union and Brazil. The feed grain market outlook for 2024/25 shows a decrease in production, trade, and final stocks, with global feed grain production forecasted to decrease by 0.6 million tonnes. The production of corn, barley, and other feed grains is expected to decline in various countries, leading to mixed forecasts in exports and imports. Global corn final stocks are also expected to decrease, particularly in China, the EU, and Indonesia.

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원본 콘텐츠

Wheat Market The global December wheat forecast for 2024/25 is for slightly higher production, lower supplies, consumption and trade, and slightly higher ending stocks. Shipments fall by 0.6 million tonnes to 1.060 million tonnes as larger opening stocks are more than offset by lower global production. Production is forecast as lower for the European Union, down 1.3 million tonnes to 121.3 million tonnes, based on harvest data showing lower production for several member states. The Brazilian crop is also forecast as lower, based on updated harvest data. Global trade is forecast as lower by 1.0 million tonnes to 213.7 million tonnes, as export cuts from the EU and Russia more than offset higher exports from the US and Ukraine. Exports are forecast to be down 1.0 million tonnes to 47.0 million for Russia, despite a strong start to the season, as the imposition of an export quota is expected to curb exports for the rest of the season. Global final stocks for 2024/25 are forecast to ...

출처: Farmer.pl