Crop forecasts 2021

Crop forecasts 2021

The Ministry of Economic Development, Trade and Agriculture of Ukraine predicts that this year the domestic harvest of cereals and legumes will reach a record high. 

According to FAO analysts, global wheat production in 2021 will reach a new record level of 785 million tons, which is 1.4% more than in 2020 due to recovery in production in most of Europe and expectations record harvests in India. 

Bumper corn harvests are also expected on the back of projected bumper harvests in Brazil and South Africa. And the global grain consumption in the 2020-2021 season is expected to reach 2,777 million tons, which is 2.4% higher than in the previous season. 

Consumption of baked goods and barley is projected to rise in China, where the livestock sector is recovering following the end of the African swine fever outbreak. 

According to FAO forecasts, the volume of trade in cereals in the world in the season 2020-2021 will increase to 466 million tons, which is 5.8% higher than in the previous season. It is also expected that the volume of international rice trade could grow by 6% at once compared to last year.

 

Source: agrotrade.club

Related Articles
Mineral nutrition of sunflower in different periods of development
In order to obtain a high sunflower crop, it is important to provide the plants with all the necessary nutrients.
read more
CURRENT PRICES
The RICHFIELD group of companies offers mineral fertilizers at favorable prices with the possibility of payment upon loading in the warehouse or delivery to the farm.
read more
Mineral nutrition of corn
Optimizing the application of mineral fertilizers in view of the critical phases of the development of corn plants increases the efficiency of their application.
read more
Apply and not lose nitrogen: steps to ensure better nitrogen nutrition
The problems of export restrictions on cultivated grain, the availability of financial instruments, high prices for MTZ and the impossibility of safe long-term planning due to the war
read more
Planned purchases or fertilizers "from wheels".
The fertilizer market in Ukraine has changed significantly in recent years: with the beginning of a full-scale war
read more
Farmers began to actively buy saltpeter after the price reduction
At the beginning of March, wholesale suppliers of KAS sold the product more expensively than ammonium nitrate. Recommended retail prices for KAS
read more
The price of urea has increased by 20% since the beginning of the year
Compared to the price level at the end of the fourth quarter of 2023, in February they were 20% higher. The increase in prices was facilitated by the decline in supply in the East and
read more
Happy spring holiday!
Our dear women! On the occasion of march 8, from the entire team of RICHFIELD we want to congratulate you from the bottom of our hearts! You are tireless heroines who give light with your strength, beauty and boundless warmth.
read more
up