Archive for June 11th, 2021

World coarse grains production is set to break records as farmers increase planted area in reaction to the highest prices in many years. Brazil and China will lead the way.

In its Feed Outlook report, published May 14, the Economic Research Service (ERS) of the US Department of Agriculture forecast global coarse grains production in 2021-22 at a record of 1.495 billion tonnes, up 58.5 million from the previous year. It warned, however, that the initial assessment is still highly tentative.

High ...

WASHINGTON, DC, US — The US Department of Agriculture in its June World Agricultural Supply and Demand Estimates report issued June 10 forecast the carryover of wheat on June 1, 2022, at 770 million bushels, down 4 million bushels from the May outlook and down 82 million bushels, or 10%, from a downwardly revised 852 million bushels in 2020-21. The 2021 carryover was lowered 20 million bushels as estimated 2020-21 wheat exports were raised 20 million bushels to 985 million ...