Getreide Cockpit, 17.05.2019

In its first assessment of the global supply balance for wheat, the US Department of Agriculture (USDA) expects world-wide production, rising consumption and yet higher final stocks. The world wheat harvest 2019/20 is forecast at 777.5 million t, which would be just under 46 million t more than in 2018/19. The main wheat-producing countries, such as the EU, Argentina,...

Expert Opinion: 

The outlook for 2019/20 is good, with higher harvests of wheat and corn forecast worldwide. The plus, however, is eaten up in part by rising consumption.