Global supply of wheat has increased by 7.11 million tons and reached historically record 1007,77 million tons. Evaluation of the initial stocks increased by 0.75 million tonnes to 256,58 million tons and the forecast of world production of 6.34 million tonnes to 751,19 million tons.
The growth of world output job in the first place, Canada (plus 0.5 million tonnes), the EU (plus 2.17 million tons), North Africa (plus 0.35 million tonnes), India (2.38 million tons), Russia (plus 1 million tons).
The forecast for world export left, almost at the level of the September – 180,04 million tons. Almost unchanged and forecast figures for the leading countries – exporters.
However, increased forecast of world consumption of wheat, at 2.09 million tons to 739,63 million tons.
Forecast world ending stocks increased to 4.99 million tons to a record high 268,13 million tons.
As expected, increased the forecast of ending stocks for the U.S. (0.75 million tons). Increase the reserves in the EU (1.2 million tons), North Africa (nearly 1 million tons), India (1.26 million tons), Russia (almost 0.5 million tons).
Photo: fardanews.com
Translated by service "Yandex.Translation"