Getreide Cockpit, 13.12.2019

In its most recent publication on global wheat supply, the US Department of Agriculture (USDA) made some changes from its previous month forecast. The most significant correction can be seen in global corn production. This put the USDA at 1,109 million t and thus about 6.5 million t above the previous month's estimate. The reason for this is a large increase in crops in China, where 261 around...

Expert Opinion: 

Chinese farmers are expected to get more corn from the fields in 2019/20 than expected in the previous month. Although this also raises the estimates of global inventories, they nevertheless remain at their lowest level since 2014/15.