FAO increased world grain harvest to 22 million tonnes - EU is losing export sharecomes the food and Agriculture Organization (FAO) of the United Nations in its most recent Sept estimates on a world grain harvest, which goes down from the July forecast to 22 million tonnes higher . As usual is one the FAO to the cereals with the rice harvest . In recent years, these quantities vary little between 490 to 495 million tonnes. This market is largely balanced. Significant influence between the grain market in the narrow sense and do not exist in rice market. In the case of the wheat market increased the FAO the production of 733 million tonnes to 740,7 million tonnes this year. Remnants remain at a slightly lower increase in consumption to 729 million tonnes ranging from 233 million tonnes at the end of the marketing year to the increase of inventories in the amount. With a final inventory of 31.6% measured in consumption, an above-average good supply situation is promised. In the case of other cereal , the FAO estimated a harvest of 1,329 million tonnes. Only the year 20114/15 had delivered an even better result of 1,338 million tonnes. This year's consumption to reach the highest level but with 1,323 million tonnes. As a result, nothing more left for a restocking. The FAO in this sector is therefore to one reduce the supply situation to 19.4% closing stock consumption, once in the previous two years the 20% mark has been clearly exceeded. Nonetheless, the supply is still in the good average range. In comparison, the final results of the supply situation on the World cereals market very close to each othercome to other treasure institutions with other detection methods. For the EU , FAO sees a significant reduction in their role on the world market due to the high harvest losses. Exports to fall by one-third. The Black Sea countries with focus on Russia are split on the lion's share of it.
