For the first time in recent years, world wheat production may decrease
Wheat
Published Aug 27, 2022
Tridge summary
According to the forecasts of IGC analysts, world wheat production in 2022/23 may decrease for the first time since the 2018/19 season — to 778 million tons. APK-Inform writes about this. As noted, the decline is predicted against the backdrop of expected crop cuts in some major wheat exporting countries due to adverse weather conditions.
Original content
According to forecasts of IGC analysts, world wheat production in 2022/23 MR may decrease for the first time since the 2018/19 season — to 778 million tons. "APK-Inform" writes about this. As noted, the decline is predicted against the backdrop of expected crop cuts in some major wheat exporting countries due to adverse weather conditions. In particular, this applies to the following countries: As a reminder, almost half of the 27 EU countries have a drought warning, and conditions are worsening in Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Romania and Spain. The report also notes an increase in the risk of drought outside the EU, in Great Britain, Serbia, Ukraine and Moldova. At the same time, Kazakhstan (by 16% to almost 14 million tons), Canada (+52%), the Russian Federation (+17%) and the USA (+8%) have prospects for increasing the wheat harvest. "At the same time, the volume of world trade may decrease to 192.8 million tons (-2% ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.