797 million tons: FAO estimates global wheat harvest prospects for 2024
Wheat
France
Russia
Published Mar 16, 2024
Tridge summary
The World Food Organization predicts a 1% increase in global wheat production in 2024, reaching 797 million tonnes, with the US and Canada expected to see rises due to favorable weather. However, Europe may experience a slight decrease due to heavy rains and cold spells, and war conditions may reduce Ukraine's output. Record harvests are projected for India and above-average for China, while North Africa faces poor prospects due to rainfall deficits. In the Southern Hemisphere, Brazil's corn production may decrease due to falling prices and late planting, Argentina's corn production is expected to recover, but South Africa's maize production may fall due to recent rainfall deficits.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The preliminary forecast for global wheat production for 2024 is 797 million tonnes, up 1% from the 2023 total but still below the record high of 2022, according to the World Food Organization's latest report. According to information, in the United States of America, lower prices led to a 6% reduction in the area under winter wheat compared to the previous year. However, good rainfall since the last quarter of 2023, following widespread drought in the previous two years, offers hope both for improved crop prospects and that harvested areas could exceed 2023 levels. The country's total wheat production in 2024 is projected to be 51.5 million tons, above the average for the last five years and above the 2023 level. In Canada, as a result of lower prices, official forecasts also indicate a reduction in wheat area by 2%. However, with more favorable weather conditions expected this year following a poor 2023 harvest due to poor weather conditions, favorable crop prospects suggest ...
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