In Italy, the Food and Agriculture Organization of the United Nations (FAO), released an updated forecasts for global cereal markets.
The report noted that world cereal production is expected to rise by 4.4% in 2025 to reach 2 990 million tons, a new record level, with foreseen output increases across all major cereals.
The new Cereal Supply and Demand Brief also forecast world cereal utilization in 2025/26 to increase by 1.8% from the previous year to 2 929 million tons, due mainly to ample supplies and lower prices.
Based on the updated forecasts, global cereal stocks are predicted to expand by 5.7% to a record high of 916.3 million tons. The resulting global cereal stocks-to-use ratio in 2025/26 is predicted to rise to 31.1%, the highest level since 2017/18, FAO said.
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Category: Food & Agriculture
