Tag: Billion tons

Crop prospects for 2021 remain optimistic; strong feed demand leads to further tightening of global stocks in 2020/21
By: Date: 2021-04-10 Categories: industrynews Tags: ,

Although the season has just kicked off, the Food and Agriculture Organization of the United Nations (FAO) predicts that global cereal production will increase for the third consecutive year in 2021. Some countries in the northern hemisphere have begun to harvest winter wheat. The current crop conditions indicate that the outlook is slightly better than previously expected. Therefore, the preliminary forecast for global wheat production in 2021 has been raised to 785 million tons.

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Global feed market:the dollar exchange rate strengthens, feed prices fall
By: Date: 2021-03-29 Categories: Internationalfood Tags: ,

Foreign media news on March 28:As of the week of March 26, 2021, most of the global food market prices have fallen, mainly due to the severe situation of the new crown epidemic in Europe, and the market is worried about the recovery of the global economy, causing the bulk commodity market to fall across the board, thereby dragging it down Agricultural products market. In addition, the Chinese buyers who successively bought US corn last week have disappeared. The US dollar exchange rate has strengthened. This year, the US corn sown area will increase significantly, which is also detrimental to the feed market.

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