Larger forecast for total global cereal production
Maize (Corn)
Barley
Wheat
Sorghum
Published Sep 24, 2022
Tridge summary
This happened with an increase in production forecasts for wheat (+10 million tonnes year on year) and barley (+3 million tonnes) mainly for Russia, Canada and Australia, and reduced production of maize (-51 million tonnes) and sorghum (-2 million tonnes).
Original content
tone.) World consumption is expected to decline for the first time since the 2015/2016 season, by almost 1%. year on year, due to reduced demand for fodder maize, while growth in food and industrial consumption is also expected to be slower than average. This is to result in an increase in closing stocks by 10 million tonnes to 587 million tonnes, ...
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