- Location
- UK
World wheat: Production down 4.13MT to 769.31MT – EU down 1.5MT to 139.5MT, Russia down 0.5MT. But 2019/20 global consumption down 0.9MT.
Maize: Global production down 25.27MT to 1163MT – US production down to 381MT from 406MT. BUT US domestic consumption in 2020/21 down 4.45MT and 2019/20 consumption down 3.68MT.
Soybeans: Global production relatively unchanged. US beginning stocks raised to 16.87Mt from 15.92MT with a near 1MT hit to 2019/20 domestic consumption.
We explore what this all means for domestic prices and dig deeper into the data in our latest analysis - https://graintab.com/analysis/
Maize: Global production down 25.27MT to 1163MT – US production down to 381MT from 406MT. BUT US domestic consumption in 2020/21 down 4.45MT and 2019/20 consumption down 3.68MT.
Soybeans: Global production relatively unchanged. US beginning stocks raised to 16.87Mt from 15.92MT with a near 1MT hit to 2019/20 domestic consumption.
We explore what this all means for domestic prices and dig deeper into the data in our latest analysis - https://graintab.com/analysis/