2009/10 cereal production is expected to hit the world's history of high

Beijing Lin PETROFER message March 27: According to the International Grains Council (IGC) 3 Month 26 Date released report predicts that global cereal production in 2009/10 than 2008/09 annual decrease of 3% to 1.725 billion tons, will be The meeting reached an all-time record high level.

Reported that yield reduction due to broadcast parts of oilseed farmers, a slight reduction in grain acreage. However, IGC said, happened in many countries the financial and economic crisis, weak demand for grain, especially feed demand, improve inventory will be offset by the decline in production, the grain supply remains at the highest level in history.

IGC projected 2009/10 global wheat area is projected to decline by 1%, wheat production was 651 million tons, up more than 688 million tons annual output of 5 percent reduction in global wheat stocks are expected at the end of last year from 160 million tons to 171 million tons.

Europe and the former Soviet Union, a good winter wheat crop, China and the United States of rainfall in southern plains wheat growth to alleviate the local stress.

(Li Lei for reference only)