Global: The USDA reduces the soybean harvest by 1.4 million tons, while the wheat harvest increases

The decrease in estimates of the 2023/2024 soybean and corn harvest and the increase in that of wheat mark the USDA report for March 2024 at 2,809 million tons, up to that figure the United States Department of Agriculture estimates that the world harvest will reach of cereals 23/24. This figure, which remains stable compared to the February document, barely shows a drop of 0.07 million tons, representing a growth of 2.1% over the previous harvest 2,749.77 Slight increase in wheat forecasts According to the report As of March 2024 USDA, the global wheat harvest rises by one million tons over the figure published in February to reach 786.70 million tons. Despite this increase, the statistics show a slight reduction on the collection achieved in 22/23 when 789.17 million tons were reached, so a decrease of 0.3% can be seen. cereal, China is the world's main producer with 136.59 million tons, which represents a drop of 0.9% on the amount that arrived in the warehouses of the Asian ...