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 […]
Experts expect oilseed harvest to increase Strategie Grains forecasts that the European Union oilseed harvest for the 2023-2024 marketing year will increase by 1 million tonnes compared to last season. The harvest is expected to reach around 20 million tonnes, supported by favourable weather conditions in the territories of major producers Poland, France and Germany. […]
How low demand for soybeans in China will affect the soybean cultivation in Brazil Since the 2000s, China has become one of the largest importers of soybeans in the global agricultural market. Interest in the crop has encouraged exporters in American continent to increase soybean production. However, USDA analysts expect low demand for soybeans from […]
El Niño affects winter crops and wheat The US Department of Agriculture has published a report on global agricultural market developments. According to the report, winter crop production in Australia will fall. Last year’s harvest was a record high for the country. Analysts are also forecasting a drop in wheat production of around 30%. This […]
EU oilseed cultivation to reach more than 33 million tonnes The FAS has presented its forecast for the agricultural sector for the 2023-2024 marketing year. Oilseed cultivation in the EU is expected to increase by 4%. It will amount to just over 33 million tonnes. This result will be mainly due to weather conditions. A […]
Rice shortage could reach a 20-year high in 2022-2023 season Fitch Solutions has released an agricultural market forecast for the 2022-2023 season. It predicts a rice shortage in the global market. This deficit will be the largest in the last 20 years. The shortfall will be around 8.7 million tonnes. This figure was only higher […]