World wheat production in 2024/2025 could reach 796 million tons, according to the FAO

Published Apr 8, 2024

Tridge summary

The global wheat production forecast for the 2024/2025 season has been slightly revised downwards to 796 million tons, a modest 1% increase from the previous year, primarily due to expected production declines in the EU and the UK caused by adverse weather. Conversely, the US is anticipated to see a rise in wheat production thanks to favorable weather conditions and improved yields. The conflict in Ukraine continues to affect its agricultural output, while Russia is projected to have above-average wheat production despite a slight decrease from the previous year. Additionally, the FAO has updated the 2023/2024 world cereal production estimate to 2,841 million tons, with global rice production slightly increased to 526.4 million tons, equalling the record harvest of 2021/22.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global wheat production in 2024/2025 is down slightly from the previous month's forecast. According to the FAO information note on cereal supply and demand, published on April 5, it could reach 796 million tons, which represents an increase of 1% compared to 2023/2024 production. The recent downward revision is due to the expected decline in wheat production in the EU and the United Kingdom and Northern Ireland, “where excess moisture had limited the planting of maize crops, while localized dryness “It affects cultivated areas in the southern and eastern parts of the EU,” explains the FAO. In the United States, despite a price-induced reduction in cultivated area, the country's total wheat production continues to increase in 2024, thanks to the expected improvement in yields and an increase in harvested area due to conditions generally favorable weather conditions, says the FAO. The conditions in Ukraine, according to the organization, "do not vary compared to the previous month, ...
Source: Agropopular

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.