FAO's first forecast for world wheat production in 2011 stands at 676 million tons, representing a growth of 3.4 percent from 2010, the March 2011 edition of the Crop Prospects and Food Situation report said. This level would still be below the bumper harvests in 2008 and 2009.
Wheat plantings in many countries have increased or are expected to increase this year in response to strong prices, while yield recoveries are forecast in areas that were affected by drought in 2010, the Russian Federation in particular, the report specified. As the bulk of the world's coarse grains and paddy crops are yet to be planted, it is, however, too early to forecast total cereal production for this year. Read more ...
This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.
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