MARKET ANALYSIS

IGC: Change in Chinese wheat raises grain estimations

According to the last report of IGC, the estimations about the total world grains production is updated upward with an amount of 9 million tons. The difference mainly arises from the increase in Chinese wheat production. London-based International Grains Council has released its monthly report. According to the report that contains the yearly statistics about grains production, consumption, trade and …

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NEWCOMERS CHALLENGING UNITED STATES’S SUPREMACY OF AGRICULTURAL TRADE

Agricultural trade grew significantly between 2000 and 2016 — from $570 billion to $1.6 trillion, FAO reveals in its The State of Agricultural Commodity Markets.  While traditional food exporting giants like Europe or the United States remain top agricultural exporters in value terms, newcomers are challenging their supremacy, report says. With climate change poised to alter significantly the ability of …

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DRAWDOWN IN WORLD GRAIN STOCKS

IGC expects world total grains (wheat and coarse grains) production to show a second consecutive annual decline in 2018/19, to 2,063m t (-1% y/y). Led by reduced outturns in Europe and the CIS, the global wheat harvest is seen falling (-42m t) for the first time in six years, while barley output could be the lowest since 2012/13. Record use …

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Global grain production to slightly decline

London-based International Grains Council (IGC) and the United States Department of Agriculture (USDA) have released their grain reports. According to the report of IGC, a marginal decline in world total grains production is envisaged in 2018/19, but overall supplies are seen down 1% due to tighter opening stocks.  Given sustained consumption growth, grains stocks are predicted to tighten again in …

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Grain Production to Fall Slightly

The grain report of IGC says a small decrease is forecast in grain production in 2018/19. In the same period, total grain trade is expected to post a sixth successive record and this will lead a decrease in grains stocks. International Grain Council, international organization seeking to further international cooperation in grains trade, has published its monthly report on global …

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IGC GRAIN REPORT: HISTORICAL PEAK IN GRAIN TRADE

The last issue of the International Grain Council Grain Report that is revised monthly has been published. According to the report, global grain trade is forecast to grow to an all-time peak of 362million tons. Total grains estimates show that total production will fall down to 2 billion 92 million tons with an increase of %2. International Grain Council, an …

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GRAIN TRADE AT HISTORICAL PEAK

According to IGC February grain report, grain trade will make an unprecedented peak in  2017/18 year with a volume of 361 million tons. According to the global estimations, in this season 2 billion 94 million of grain will be produced. This is a 2% decrease from the previous year’s production. International Grains Council (IGC) has released its monthly grain report. …

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USDA and IGC release Grain Report: GLOBAL WHEAT STOCKS TO DECREASE

The reports awaited by companies, academics, and journalists following the grain market were announced. World Agricultural Supply and Demand Estimates (WASDE) report by The United States Department of Agriculture (USDA) was published on the website of the institution. According to the report, at the end of the 2017/18 season, global wheat stocks are expected to decrease. According to the monthly …

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