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    Home > Food News > Food Articles > IGC lowers its forecast for global wheat production in 2021/22

    IGC lowers its forecast for global wheat production in 2021/22

    • Last Update: 2021-09-11
    • Source: Internet
    • Author: User
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    Foreign media news on August 26: The Rome-based International Grain Council (IGC) released its monthly report on Thursday, lowering its forecast for global grain production in 2021/22, mainly due to the reduction in wheat production
    .
     
    This month, IGC forecasts that the global cereal production for 2021/22 will be 2.
    283 billion tons, which is 12 million tons lower than the July forecast, but it is still 3 percentage points higher than the 2020/21 season
    .
    The forecast value of global corn production in 2021/22 remains unchanged at 1.
    202 billion tons
    .
     
    The IGC lowered its forecast for world wheat production in 2021/22 to 782 million tons, which is 6 million tons lower than its July forecast
    .
    Because of the worsening prospects for wheat production in North America and Russia
    .
     
    Russia's wheat production is expected to be 7,500 tons, which is 6 million tons lower than last month's forecast, because the hot and dry summer weather has reduced crop yields
    .
    The IGC forecast is higher than the 72.
    5 million tons forecast by the USDA this month
    .
     
      Drought weather in North America also led to a reduction in wheat production
    .
    The IGC lowered the Canadian wheat production forecast from last month’s forecast of 28.
    5 million tons to 24.
    5 million tons, and the U.
    S.
    output from 47.
    5 million tons to 46.
    2 million tons
    .
     
      However, higher wheat production in Ukraine and Australia than previously expected helped to partially offset the production losses in the previous countries
    .
    Ukraine’s wheat production forecast has been raised from 29.
    5 million tons to 32 million tons, and Australia’s output has been raised from 28.
    9 million tons to 30.
    1 million tons
    .
    Grain wheat
     
      This month, IGC forecasts that the global cereal production for 2021/22 will be 2.
    283 billion tons, which is 12 million tons lower than the July forecast, but it is still 3 percentage points higher than the 2020/21 season
    .
    The forecast value of global corn production in 2021/22 remains unchanged at 1.
    202 billion tons
    .
     
      The IGC lowered its forecast for world wheat production in 2021/22 to 782 million tons, which is 6 million tons lower than its July forecast
    .
    Because of the worsening prospects for wheat production in North America and Russia
    .
     
      Russia's wheat production is expected to be 7,500 tons, which is 6 million tons lower than last month's forecast, because the hot and dry summer weather has reduced crop yields
    .
    The IGC forecast is higher than the 72.
    5 million tons forecast by the USDA this month
    .
     
      Drought weather in North America also led to a reduction in wheat production
    .
    The IGC lowered the Canadian wheat production forecast from last month’s forecast of 28.
    5 million tons to 24.
    5 million tons, and the U.
    S.
    output from 47.
    5 million tons to 46.
    2 million tons
    .
     
      However, higher wheat production in Ukraine and Australia than previously expected helped to partially offset the production losses in the previous countries
    .
    Ukraine’s wheat production forecast has been raised from 29.
    5 million tons to 32 million tons, and Australia’s output has been raised from 28.
    9 million tons to 30.
    1 million tons
    .
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