World wheat crop tips record:

[Mark]

Grain Central, October 9, 2020
IMPROVED late-season yield prospects in greater Europe and Australia have lifted the estimate for global wheat production by 5.9 million tonnes (Mt) from the previous Agricultural Market Information Systems (AMIS) estimate released last month.

The lift was offset by a total 1Mt decline in projections in Canada and Argentina.


Table 1. FAO AMIS world wheat projections in million tonnes. Numbers on each second line are world excluding China. Source: FAO AMIS

The net 4.8Mt increase lifts the forecast for the world 2020-21 wheat crop to a record 764.9Mt, pipping by just a few million tonnes the previous records set in 2019-20 and 2017-18 (chart 1).

This month’s upward revisions included Australia and the EU, both up 2.2Mt from last month’s estimate, a 1Mt lift for the Russian Federation, and Ukraine up 500,000t.
https://www.graincentral.com/markets/world-wheat-crop-tips-record-amis/

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