According to forecasts from the IGC will decrease the production and growth of grain consumption in the world in 2018/19

2018-04-27 14:50:31
Machine translation
According to forecasts from the IGC will decrease the production and growth of grain consumption in the world in 2018/19

the international Grains Council IGC in the April report increased the forecast of grain production in the world in the 2018/19 season by 1 million tons to 2,088 billion, However, this is 5 million tons less in comparison with 2017/2018.

 

Global consumption of grain in the new season may increase to more than 2.1 billion so the figure of 5 million tons exceeds the March forecast and 31 million tonnes more than consumption in the current season.

 

World stocks of grain in the season 2018/19 sensatsia to 560 million tons of This figure at the level forecast in March and 31 million tons more than consumption in the current season.

 

experts from the International Grains Council in its April report predicting that in 2018/19 season, the number of grown wheat will be reduced to 739 million tonnes, which is 2 million tons less than forecast in March and 19 million tons less than last season.

 

the Global trade in wheat will be at the level of 179 million tonnes This corresponds to the March forecast and 4 million tonnes more trade this season.

 

Experts predict that the world will increase the amount of wheat consumption in comparison with March by 1 million tons and amount to 745 million tonnes to 5 million tonnes more than in the season 2017/18.

 

According to forecasts of the stock of world ending wheat stocks in the 2018/19 season could reach 257 million tons This figure is 4 million tons more than the March forecast but down 6 million tons less than the ending stocks for the current season.