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This month, IGC forecasts that the global cereal production for 2021/22 will be 2.
283 billion tons, which is 12 million tons lower than the July forecast, but it is still 3 percentage points higher than the 2020/21 season
.
The forecast value of global corn production in 2021/22 remains unchanged at 1.
202 billion tons
.
283 billion tons, which is 12 million tons lower than the July forecast, but it is still 3 percentage points higher than the 2020/21 season
.
The forecast value of global corn production in 2021/22 remains unchanged at 1.
202 billion tons
.
The IGC lowered its forecast for world wheat production in 2021/22 to 782 million tons, which is 6 million tons lower than its July forecast
.
Because of the worsening prospects for wheat production in North America and Russia
.
.
Because of the worsening prospects for wheat production in North America and Russia
.
Russia's wheat production is expected to be 7,500 tons, which is 6 million tons lower than last month's forecast, because the hot and dry summer weather has reduced crop yields
.
The IGC forecast is higher than the 72.
5 million tons forecast by the USDA this month
.
.
The IGC forecast is higher than the 72.
5 million tons forecast by the USDA this month
.
Drought weather in North America also led to a reduction in wheat production
.
The IGC lowered the Canadian wheat production forecast from last month’s forecast of 28.
5 million tons to 24.
5 million tons, and the U.
S.
output from 47.
5 million tons to 46.
2 million tons
.
.
The IGC lowered the Canadian wheat production forecast from last month’s forecast of 28.
5 million tons to 24.
5 million tons, and the U.
S.
output from 47.
5 million tons to 46.
2 million tons
.
However, higher wheat production in Ukraine and Australia than previously expected helped to partially offset the production losses in the previous countries
.
Ukraine’s wheat production forecast has been raised from 29.
5 million tons to 32 million tons, and Australia’s output has been raised from 28.
9 million tons to 30.
1 million tons
.
.
Ukraine’s wheat production forecast has been raised from 29.
5 million tons to 32 million tons, and Australia’s output has been raised from 28.
9 million tons to 30.
1 million tons
.
