The largest corn harvest in history is among the reasons the International Grains Council (IGC) is forecasting record total grains production in 2020-21.
According to the IGC’s Grain Market Review, released Aug. 27, total global grains production will reach 2.230 billion tonnes this marketing year, up 50 million tonnes from the July forecast and 9% higher than the previous year (2.181 billion tonnes).
A record world wheat crop also is expected at 763 million tonnes, topping the previous mark of 762 million tonnes set last year.
Largely on an upgraded outlook for the United States, global soybean production is projected to set a record in 2020-21 at 373 million tonnes, up 8 million tonnes from the July forecast and 9% higher than last year’s total of 339 million tonnes.
Soybean exports are estimated to reach a peak during the recently completed marketing year.
“Tied to continued heavy shipments from South America, chiefly Brazil, the Council’s forecast for global soybean trade in 2019-20 is lifted to a peak of 163 million tonnes, the 7% year-on-year increase primarily stemming from bigger dispatches to China,” the IGC said.
Global rice production is projected to rebound by 2% year-on-year to a record 505 million tonnes in 2020-21, on bigger crops among leading exporters.
Total grains consumption is seen climbing by 41 million tonnes over the previous year to 2.222 billion tonnes, led by gains for feed (18 million tonnes) and industrial uses (12 million tonnes).
“Amid record supplies, corn demand is seen rising the most, up by 33 million tonnes year on year,” the IGC said.
The forecast for global grains stocks at the end of 2020-21 was revised upward by 5 million tonnes — mainly due to wheat — from the July report to 630 million tonnes.
The IGC Grains and Oilseeds Index increased by 3% month-on-month to its highest level in nearly two years.
Read more at World Grain
Looks like “esteemed” Paul Ehrlich was (and is) DEAD WRONG
The once-great Australian Broadcasting Corporation has published an article predicting the life of an Australian child born into anthropogenic climate change.
There are bushfires, droughts, heat-waves, rising sea levels, coral bleaching and extinctions.
Are these events that Australia has never seen before?
What we have definitely seen before is activism masquerading as journalism.
We saw such yesterday, we see it today and we shall see it again tomorrow.
After all, it’s our ABC.
With only their content.
Esteemed Stanford University Professor, Dr. Paul Ehrlich, has provided some details of the impact of climate change on agriculture that will devastate the planet and bring about a collapse of civilization. Pls see
https://tambonthongchai.com/2020/02/29/prophets-of-doom/
I’ll never watch a Mel Brooks film again without remembering that Mel “is voting for Biden because he goes by the science”. Codswallop!
Biden wouldn’t know “science” if it trotted up and bit him on the ankle.
Well according to the Eco-Freaks and Doomsayers Earth was suppost to be a dead rock in space Looks like the Earth is not as Fragile as the Screwballl Eco-Wackos claim it is
Another accurate climate alarmism of massive famine and starvation verified, “Record Harvests For Corn, Wheat And Soybeans”. Media won’t pass that inconvenient truth along to their rapid leftist readership.