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    Home > Food News > Food Articles > FAO: 2021/22 global cereal ending stocks will increase for the first time since 2017/18

    FAO: 2021/22 global cereal ending stocks will increase for the first time since 2017/18

    • Last Update: 2021-07-31
    • Source: Internet
    • Author: User
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       Foreign media news on July 15: According to a report released by the Food and Agriculture Organization of the United Nations (FAO), the global cereal ending stocks in 2021/22 are expected to exceed the initial stock level for the first time since 2017/18.
    Inventory data this month has been revised up to 8.
    36 Billion tons, 2.
    4% more than last year’s tension level

    .
    The increase in China's corn stocks is the main reason for the increase in global grain stocks this month

    .
    At present, China's corn stocks are expected to reach 152 million tons, nearly 24 million tons higher than the previous forecast, and an increase of 3 million tons from the revised beginning inventory, which is the first year-on-year increase in six years

    .
     
      As a result of the adjustment, the ending stocks of global coarse grains in 2021/22 are expected to be 4.
    0% higher than the beginning stocks, reaching 354 million tons

    .
    In contrast, wheat stocks for 2021/22 have been revised downwards, but they will still increase by 1.
    8% from the beginning stocks, reaching a record 297 million tons, mainly due to increased stocks in Australia, China, the European Union, India, Morocco and Ukraine

    .
     
      Due to the slight upward revision of Pakistan’s ending stocks of rice, FAO estimates that the global ending stocks of rice in 2021/22 will be 184.
    9 million tons, a year-on-year increase of 0.
    5%, which will be the second highest in history

    .
    Due to the adjustment of global grain stocks and usage forecast data, the ratio of global grain stocks usage in 2020/22 is expected to be around 29%, which is the same as in 2020/21

    .
    FAO Cereal
     
      As a result of the adjustment, the ending stocks of global coarse grains in 2021/22 are expected to be 4.
    0% higher than the beginning stocks, reaching 354 million tons

    .
    In contrast, wheat stocks for 2021/22 have been revised downwards, but they will still increase by 1.
    8% from the beginning stocks, reaching a record 297 million tons, mainly due to increased stocks in Australia, China, the European Union, India, Morocco and Ukraine

    .
     
      Due to the slight upward revision of Pakistan’s ending stocks of rice, FAO estimates that the global ending stocks of rice in 2021/22 will be 184.
    9 million tons, a year-on-year increase of 0.
    5%, which will be the second highest in history

    .
    Due to the adjustment of global grain stocks and usage forecast data, the ratio of global grain stocks usage in 2020/22 is expected to be around 29%, which is the same as in 2020/21

    .
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