USDA in its April report was revised upward estimate the initial stocks of wheat in the world in the 2016/17 season. Now there 241.74 million tons, 1.16 million tons more than previously thought in March. Revaluation (1.09 million tons), primarily dealt with the EU countries.

Estimate of world production increased slightly, to 290 thousand tons to 751,36 million tons.

A bit on 460 thousand tons to 176.17 million tons, reduced the forecast of world wheat imports.

The estimation of the world export capacity is also slightly reduced by 340 thousand tons to 180,68 million tons. 1 million tons to 26.50 million tons, increased export forecast for the EU, and 800 thousand tons up to 17.30 million tons for Ukraine. But 500 thousand tons less will be able to export Canada and also on 500 thousand tons less than in Kazakhstan, 200 thousand tons less than in Pakistan.

Reduced the forecast of world consumption of wheat. Minus 580 thousand tonnes to 740,84 million tons. 1.8 million tons of reduced feed consumption, mainly in the USA and in the EU. But the picture a little to do the growth of food consumption.

Improving the estimation of initial stocks and the production, and, conversely, the lowering of the forecasts for foreign trade and consumption have resulted in an increase in ending stocks for the current season. Experts USDA raised the forecast of world ending stocks by 2.32 million tons before the next historical record - 252,26 million tons.

Stocks in the U.S. will grow to 820 thousand tons to 31 to 55 million tons, and this was the highest figure for 30 years.

For Russia left unchanged the initial forecast of reserves (5.6 million tons). Almost 30 thousand tons to 72,53 million tons, increased production forecast. Remained unchanged the forecast of domestic consumption is 39 million tons, including feed – 16 million tons. But reduced the forecast of exports by 500 thousand tons to 28 million tons. The forecast of ending stocks increased by 530 thousand tons to 11.63 million tonnes.