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IGC's Forecast Total Grains Production in 2015/16 has been Lowered

 International Grains Council
  29th-Feb-2016
Description: The forecast for world total grains (wheat and coarse grains) production in 2015/16 is 4m t lower than in the November report, at 1,992m, down by 2% from last season’s record. Mainly because of poorer harvests in South Africa and India, the global maize crop is cut by 8m t, to 959m, a 5% y/y (year-on-year) fall. This is only partly offset by higher output figures than previously for wheat and barley. Mostly owing to a reduced projection for feed, total grains consumption is now placed a little lower y/y, at 1,984m t, but still at its second highest level.
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Domain: Business
Category: Sales & Marketing
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Contents:
INTERNATIONAL GRAINS COUNCIL
WORLD ESTIMATES

www.igc.int

12/13

Grain

Market
Report

13/14

14/15
est.

15/16
f'cast
19.11
21.01

million tons

TOTAL GRAINS a)
1798

2007

2031

1996

271

310

322

314

315

1822

1933

1993

1992

1984

Carryover stocks

335

409

447

454

455

year/year change

-24

73

38

Major exporters b)

98

120

144

149

152

Production

654

714

725

726

731

Tra ... See more

Grain Market Forecast

Grain Market Report:- At 1,988m t, the forecast for world total grains (wheat and coarse grains) production is increased by 18m m/m (month-on-month), but is still down by 1% compar

...
07 October, 2015