Latest Reports on Grains Released by FAO, International Grains Council
The April edition of the FAO Monthly News Report on Grains was released today, with multiple articles addressing China's grain management system and coverage of record cereal and wheat harvests for Morocco and India, respectively. The report also covers ongoing global and regional trends in grain prices and policies.
According to April's Grain Market Report from the International Grain Council, also released this week, projection for world total grains production in 2015/2016 is 10m higher month on month, but still down by three percent from the previous year’s record. Global grains stocks are expected to contract, led by maize, but remain comfortable.Only a modest retreat in world grains trade is forecast in 2015/2016, seen staying at a high level.
World end-season rice stocks in 2014/2015 are forecast to fall to a five-year low, mainly on a 20 percent drop in major exporters’ carryovers. Meanwhile, global soyabean inventories in 2014/2015 are seen swelling to a peak of 47m, the 55 percent year over year expansion due to leading exporters.
The FAO Monthly News Report on Grains series provides a collection of news articles and reports from international media and news sources on issues relating to the international grain economy. These reports also include statistics and upcoming events.
The Grain Market Report reviews the current situation and outlook for wheat (including durum), coarse grains (including maize (corn), barley, sorghum, oats and rye), oilseeds, and rice. Separate chapters cover production, trade, consumption, stocks, prices, ocean freight rates and national policy developments, and the analysis is supported by some 40 statistical tables.
FULL REPORTS