Archive for June 7th, 2021

IGC: Five-year trend is promising

The most recent five-year projection on supply and demand for the major grains published by the International Grains Council explain why there should be no complacency about productivity gain and trade facilitation in order to sustain a global balance sheet as well as trade needs for importing countries.

The following projections are possible supply-and-demand scenarios for the next five-year period through 2025-26, taking into consideration a number of broad assumptions, historical trends and expert analyses of demand trends in the post-COVID-19 ...

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Warm weather boosts European wheat harvest

PARIS, FRANCE — Warm weather helps European wheat crops bounce back from cold spring weather, Reuters reported.

Forecasts for soft wheat output has increased since late May, with COCERAL now estimating combined EU and Britain crop up 14% compared to 2020.

Benjamin Bodart, an analyst with Agritel, told Reuters “Crops are a bit behind, but conditions are fine. We cannot talk about a disastrous crop anymore, we are back to an average-plus crop. The issue could be more about the quality than ...

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