The IGC predicts a rise in world grain production in the season 2016/17 MG to 2,077 billion tone

the international Grains Council has increased its previous forecast of grain production in the current season for 8 million to 2,077 billion tone. Whereas last year farmers of the world gathered 2,048 billion tons of grain.

the Volume of world consumption increased by 5 million tons to billion ton 2,054 1,982 vs billion tons in the previous season.

estimation of the volume of world trade in grain increased relative to the previous report by 4 million tonnes to 337 million tonnes, which will be 7 million tons less than at the end of the season 2015/16.

World carryover stocks of grain increased by 6 million tons to 498 tons, whereas in season 2015/16, they accounted for 475 million.

in addition, analysts IGC, a new report has revised the forecasts of gross yield of most crops in season 2016/17 MG.

World production of rice in season 2016/17 MG increased relative to the previous balance of 2.3 million tons to 484,2 million. the

• in Particular, wheat in the world can be collected 748,4 million tons, 1.4 million tons more than the previous forecast.
• Estimated the corn harvest increased by 8 million to 1,035 billion ton, while last season it was collected 970,8 million tons of this grain.
• of the World's soybean production in current season is estimated at 332,4 million tons, while a month ago the forecast was $ 329 million. In the season 2015/16 were collected 315 million tons of oil.