World crude grain production is expected to decrease to 954 million tons

Introduction: according to the report on the supply and demand of coarse grain for 2005 / 06 issued by the International Grain Council (IGC) on Thursday, the total output of global coarse grain for 2005 / 06 is expected to be 954 million tons, which will still be the highest level in history Corn, barley and almost all other grains, most of which are currently being sown, are expected to produce less per unit than last year's record levels But despite the fact that 2005 production is estimated to be lower than last year, the world supply is still expected to be very large It is estimated that the crude grain inventory in 2005 / 06 will only decrease slightly, by 3.93% to 171 million tons ICG forecasts that the world corn output in 2005 / 06 will be 660 million tons, a year-on-year decrease of 48 million tons, which is based on the trend of corn yield per unit, which is lower than the record high level of last year In 2005 / 06, the world's ending corn inventory is expected to be close to the previous year's level, but after a substantial increase last year, the global corn inventory is likely to decline slightly, with the decline mainly concentrated in China The following is the latest supply and demand data released by the International Grain Council for 2005 / 06, in million tons Forecast in April and adjustment in March and changes in 2004 / 05 crude grain output 954 no - 5.64% crude grain trade 104 no 2.97% crude grain consumption 961 no - 0.72% crude grain inventory 171 no - 3.93% main exporting countries 89 no - 3.26%