FAO: Forecast for world corn supply and demand in 2024/2025, November 8, 2024

Published 2024년 11월 11일

Tridge summary

The forecast for maize consumption in the 2024/25 period is expected to slightly increase from the previous year, primarily due to a rise in feed use. However, maize trade for the same period is projected to decrease from the October 2024 forecast and compared to the 2023/24 period, largely due to a drop in Chinese imports and lower exports from Brazil and Ukraine. Furthermore, global maize stocks for the end of 2025 are predicted to see a slight increase from the start of the year, despite a downward revision in stocks from Europe, Brazil, China, and the United States.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Maize consumption in 2024/25 is largely unchanged from the October 2024 forecast and is still forecast to increase slightly from 2023/24 levels due to increased feed use. Maize trade in 2024/25 (July/June) is down slightly from the October 2024 forecast and remains down compared to 2023/24, largely due to lower Chinese imports and lower exports from Brazil and Ukraine. Maize stocks (ending 2025) are down from the October 2024 forecast, due to lower EU stocks and downward revisions in ...
Source: Vinanet

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