IGC raises grains outlook for 2018-19 (World Grain) | MED-Amin network | Scoop.it

The International Grains Council (IGC) forecast total grains production at 2.088 billion tonnes in 2018-19, up from 2.087 billion in March but down from 2.093 billion tonnes forecast for 2017-18. Global wheat production in 2018-19 is forecast at 739 million tonnes, down from 741 million tonnes forecast a month ago and compared with 758 million tonnes forecast for 2017-18. Consumption is forecast a bit higher, at 745 million tonnes compared with 744 million tonnes in March and 740 million tonnes a year ago.