Sponsor message
Now new in the US - Dietary diformates Made in Germany Learn more

World Grain Yield to Fall Short of Last Year’s Record

9 October 2015, at 6:00am

GLOBAL – Overall grain production for the 2015/16 year will contract one per cent, largely due to lower maize production, predicts the International Grains Council.

Total wheat and coarse grain harvest will contract to 1,996 m tonnes, says the monthly IGC market report.

However, grain stocks are forecast to rise to a 29-year peak, including record wheat inventories, while maize will “likely fall”.

Downgrading of EU maize has contributed to a 38 m t drop in world yield projections.

A spokesperson said: “Grains trade is projected to stay high, albeit 3 per cent below last year’s record.

“World rice carryovers are seen falling by 10 per cent y/y on declines in leading exporters. Trade is expected to be down slightly in 2016, but the outlook depends on demand from China.”

Sponsored content
Our Formi products fulfil tomorrow’s requirements today.

Formi NDF and the 3rd Generation acidifier Formi 3G have been formulated to replace the need for in-feed antibiotics, by ensuring a strong antibacterial impact against Gram negative and Gram positive bacteria.

The Formi product line, based on Addcon’s patented diformate technology ensures optimal efficiency, highest growth rates and maximum safety, which are key requirements in animal production worldwide – and are now available in the USA.

Learn more