date:Jun 10, 2019
to shrink by 10 percent from the previous year amid a much-reduced pace of plantings due to unfavorable weather conditions.
World cereal utilization in the year ahead is now forecast to reach 2707 million tons, which is still 1 percent higher than in 2018/19. Global rice utilization is predicted to reach 518 million tons, a 1.4 percent annual increase, while that of wheat is expected to grow 1.2 percent, reaching 755 million tons.
Based on the new estimates for production and utilization, worl