New forecasts for the main cereals next year

Published Feb 7, 2025

Tridge summary

The United Nations Food and Agriculture Organization (FAO) has released a report predicting trends in cereal supply and demand into 2025. The report forecasts a slight increase in winter wheat plantings in Europe but a decrease in Russia due to weather conditions. Argentine and Brazilian maize harvests are expected to improve, while South Africa's maize plantings have increased due to high prices. The FAO expects a modest growth of 0.9% in global cereal use in 2024/25, primarily driven by maize for animal feed. However, world cereal stocks are projected to decrease by 2.2% by the end of 2025, largely due to a significant drawdown of maize stocks in the United States. International cereal trade is expected to decline by 5.6% in 2024/25, largely due to reduced demand from China.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On Friday, FAO also released a new Cereal Supply and Demand Brief, which provides new data on crop trends in 2025. The winter wheat planting season in the northern hemisphere ended in January, with early indications pointing to increased plantings in France, Germany and the United Kingdom and reduced plantings in the Russian Federation, all influenced by weather conditions. The southern hemisphere maize harvest will begin in the second quarter of 2025, with early indications pointing to improved yields in Argentina and Brazil, while record high maize prices have led to increased plantings in South Africa. FAO raised its forecast for global cereal use in 2024/25, now expected to grow by 0.9% to 2,869 million tonnes. tonnes, mainly due to the expected higher use of maize for animal feed. World cereal stocks are now expected to decline by 2.2% by the end of the 2025 seasons, mainly due to the expected significant drawdown of maize stocks in ...

Source: Sinor