Corn yields in the US and other countries: predictions for MY 2023-2024 The USDA has revised its agricultural market forecasts for the 2023-2024 marketing year. According to the new estimate, the US corn yields will be just over 175 bushels per acre. Previous expectations were around 177.5 bushels. Total corn production will be 15.1 billion […]
Why China is so interested in barley imports China lifted restrictions on barley from Australia. Since 2020, China has imposed countervailing duties of more than 80% on imports from the country. The government explained it anti-dumping measures. Now, the PRC are trying to establish communication. And the first success was the import of barley from […]
World wheat stocks to hit 8-year low The USDA has published a forecast for the 2023-2024 marketing season for the agricultural market. According to the document, global wheat stocks will fall to their lowest level in the last eight years. The cereal’s reserves will likely be 265.6 million tonnes, the lowest since the 2015-2016 season. […]
South Africa to boost rapeseed and soybean harvests FAS analysts expect South Africa’s rapeseed harvest to reach record levels in the 2023-2024 MY. It exceeding previous figures by 5%. The increase in the crop’s production is mainly due to the expansion of the area planted. Between 2019 and 2020 and the current season, it increased […]
How scientists are boosting cereal production in Ireland Improving the genetics of crops to make them more resilient to climate change is a key part of modern cereal production in Ireland. And this approach is bearing fruit. According to Richard Halleron, author of the Agriland.ie portal, improving the genetic characteristics of crops will be a […]
World grain consumption grows: forecast World grain consumption is increasing every year. According to the World Bank, about 1.8 billion people consume wheat and meslin, and 1.7 billion consume corn. There is a demand for cereals from 2.1 billion people. The largest importers of wheat and meslin are as follows: 1. Sri Lanka. According to […]
Short-stature corn production to start as early as 2024 Commercial production of short-stature corn will begin in the United States in 2024. Initially, they will grow varieties developed through traditional breeding. And within the next ten years, there are plans to plant a genetically modified variety of corn. Bayer will supply the seeds for the […]
Grass peas could be a worthy alternative to soybeans Grass peas, also known as blue peas, could be a great alternative to soybeans. Scientists in the UK are actively looking for ways to replace the production of an oilseed crop. Because it doesn’t grow well in the country. They believe grass peas, considered unsuitable for […]
Rising rice prices in India linked to grain shortage Rising rice prices in India are forcing local authorities to take unpopular steps to tighten market regulation. For example, the government is considering a ban on rice shipments. The restrictions could affect almost all varieties of the crop. Reducing price volatility in the domestic market caused […]
Spain will have to increase grain imports due to the drought For the second season, Spain is suffering from a severe drought that has seriously affected agricultural production and stocks. The authorities have therefore decided to significantly increase grain imports to meet domestic demand. To implement this plan, a new delivery mechanism has been put […]