Forecast of the world grain trade remained at the level of the March calculations – 368 million tons, 4 million tons more than in the season 2017/18.

Global consumption of grain in the new season can grow up to 2,139 billion tons. This is 5 million tons more than forecast in March and 31 million tons more than consumption in the current season.

World ending stocks of grain in the 2018/19 season will be reduced to 560 million tons. It is at the level of the forecast Mar and 51 million tons less than in the current season.

Photo: agrotrade-ag.com