FAO estimates global grain supply 2016/17 The food and Agriculture Organization of the United Nations (FAO) concludes in its latest edition of June 2016, that is the grain supply at world level will improve slightly. The production of cereals o. rice increases by 0.6% to 2.050 million tonnes, while consumption by 0.8% to 2.043 million tonnes to increase. On the creation page is assumed by growing crops in all leading exporting countries. However, recent developments in some regions such as South America, United States and Europe were not yet fully taken into consideration. Increases in all 3 categories of human nutrition, food consumption and industrial use are predicted on the consumption page . To change the calculations of the FAO high end stocks for the last 3 years barely. 478 million are for 2016/17 t is valued. Measured in consumption is calculated an unmodified closing stock by 23.3%. In the year 2012/13, the same ratio was only 17.3%. At that time the wheat prices ranged from 200 to €250 / t. In the case of wheat production by 1.4% to go back, while consumption is roughly at the same height. The FAO estimates a slight inventory build. In the feed grain consumption to 24 million tonnes to higher than the production increase by 21 million The closing inventories should fall to 0.6%. In China to evolve new constellations in the grain market, after the policy of high price guarantees at least for maize has been given up. The corn production should be taken back noticeably. To reduce the excessive end stocks, cereal imports are significantly reduced. The FAO is in their price preview of it from that the average prices for the year 2016/17 will remain largely stable. The reason is seen in a just demand opaque range.
