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Grain wheat
The IGC expects global wheat production to increase to 792 million tonnes in 2022/23, up from the previous forecast of 778 million tonnes and from 782 million tonnes
in the previous year.
in the previous year.
Russian wheat production was revised up to 93.
4 million tonnes, up from a previous forecast of 87.
6 million tonnes.
Despite the increase in production, Russian wheat exports remained at 36.
5 million tonnes in 2022/23, resulting in a corresponding increase in inventories to 22.
5 million tonnes, almost double
the previous year's 11.
3 million tonnes.
4 million tonnes, up from a previous forecast of 87.
6 million tonnes.
Despite the increase in production, Russian wheat exports remained at 36.
5 million tonnes in 2022/23, resulting in a corresponding increase in inventories to 22.
5 million tonnes, almost double
the previous year's 11.
3 million tonnes.
Maize production was revised down by 11 million tonnes
corn The IGC also lowered global maize production for 2022/23 by 11 million tonnes to 1.
168 billion tonnes, mainly due to the impact of
the US production cuts.
168 billion tonnes, mainly due to the impact of
the US production cuts.
This month, the IGC forecasts U.
S.
maize production for 2022/23 at 354.
2 million tonnes, down from last month's forecast of 364.
7 million tonnes
.
S.
maize production for 2022/23 at 354.
2 million tonnes, down from last month's forecast of 364.
7 million tonnes
.
