date:Jun 11, 2019
evious year amid a much reduced pace of plantings due to unfavourable weather conditions.
World cereal utilisation in the year ahead is now forecast to reach 2,707 million tonne, somewhat down from the May forecast but still one percent higher than in 2018/19. Global rice utilisation is predicted to reach 518 milllion tonne, a 1.4 percent annual increase, while that of wheat is expected to grow 1.2 percent, reaching 755 million tonne.
Based on the new estimates for production and utilisation,