The world cereal harvest 21/22 will reach, according to the FAO, record levels with 2,793 million tons

The latest FAO estimate of world cereal production in 2021 has increased by 2.1 million tonnes in February, now standing at 2,793 million tonnes, representing a year-on-year increase of 0.8%. Most of the change this month is related to higher-than-previously forecast wheat output in Argentina and Australia, along with slightly higher output estimates in the Russian Federation and Ukraine. Taking these recent revisions into account, the 2021 global wheat production estimate is now roughly on par with 2020 production. By contrast, the 2021 global coarse grains production estimate has been cut by 0.2 percent, due to lower estimates of sorghum production in Burkina Faso, Niger and the United States of America. These reductions have been partially offset by increased estimates of maize production in the United States of America, which in 2021 had the second largest harvest on record, Ukraine and the European Union. Despite this month's cut, estimates continue to indicate that global ...