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Independent analysis of grains,
rice, oilseeds & pulses markets
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Five-year baseline projections of supply and demand for wheat,
maize (corn), rice and soyabeans
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		21/22	22/23	23/24	24/25
			est	f'cast	proj
TOTAL GRAINS*					14.03	18.04
Production		2294	2266	2301	2332	2322
Trade		426	426	427	419	418
Consumption		2293	2274	2310	2331	2321
Carryover stocks		608	600	591	601	592

* Wheat and coarse grains

Grain Market Report

Entirely because of a downgraded outlook for maize, tied mainly to rising disease and drought stress in parts of the southern hemisphere, the forecast for 2023/24 total grains (wheat and coarse grains) production is cut by 3m t m/m (month-on-month), to 2,301m. Consumption is raised by 3m t m/m, mostly on an upward adjustment for wheat.

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Conference 2024

Press Release

The Republic of Senegal joins the International Grains Council. (1 May 2024)

Databank: Ukraine

Summary of grains and oilseeds production and exports in Ukraine.

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2023/24 world #wheat #production is estimated to have fallen y/y, albeit with mixed results across the main southern hemisphere producers. While output in #Argentina has rebounded y/y, crops in #Australia and #Brazil have dropped from prior record levels.

IGC conference 2023: Dialogue on food security

At the IGC Grains Conference2023, a dialogue was held between producers and importers about food security crisis. International organisations and 14 delegations brought their views to enhance the resilience of the global food security and trade.