FAO sees cereal stocks rising as wheat accumulates
FAO projects global cereal stocks will rise by 17.2 million tonnes by the close of the 2027 seasons, largely as wheat accumulates in Russia and Ukraine. It also forecasts a 3.3% fall in cereal trade.
· Feedsoft Markets Desk
TRANSCRIPT
Cereal stocks projected higher. FAO forecasts a 17.2 million tonne rise by the close of the 2027 seasons.
Wheat is accumulating. Much of the increase is wheat building up in Russia and Ukraine amid export disruptions.
Trade forecast lower. FAO also forecasts global cereal trade will fall 3.3%.
Stocks and trade differ. More grain in storage does not necessarily mean it is moving freely to buyers.
Read the full analysis: feedsoft.ai/events/87702-global-cereal-stocks-forecast-to-rise-by-17-2-million-tonnes-in-2027-fao
Market information, not investment advice.