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Ending stocks of wheat in the world in season 2019/20 ceased to be absolutely record - IGC
The international Grains Council (IGC) in its October report lowered the forecast of wheat production in the world in season 2019/20, and ending stocks, which as a result ceased to be an absolute record and just repeat the end of the season 2017/18. The Agency said Grain Online.
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the world

forecast Oct. 2019

(million tons)

% of the forecast

St. 2019

% to the assessment

18/19

production

Of 762.00

-0,26

4,0

trade

Of 173.00

0,58

2,4

consumption only

756,00

-0,13

2,3

ending stocks

271,00

-0,37

2,3

 

The forecast of world consumption of wheat decreased due to Australia, which is experiencing serious problems with drought. The forecast for this country was reduced from September's $ 19.1 million tons to 17 million tons, which is already below the production of last season's 17.3 million tons.

 



Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
Thursday, 01 October 2020
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