In its January report, the United States Department of Agriculture (USDA) revised its previous forecast for world cereal production 2022/23 downward by 6.5 million tons, which now stands at 2,227.67 million tons. Specifically, in the case of coarse grains, the USDA has revised downward world production by 7.2 million tons, with which a harvest of 1,446.3 million tons is expected.
