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International Grains Council sees record global grain production in 2021-22 season

By Reuters April 7, 2021

The International Grains Council (IGC) recently forecast global grain production would climb to a record 2.287 billion tonnes in the 2021-22 season, but expects the larger supply to be entirely absorbed by higher consumption. In its first full assessment for the 2021-22 season, the intergovernmental body projected a balanced market, with stocks at the end

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Crops, Markets

Few alterations seen in new global supply/demand report

IGC expecting more corn grown this year

By GFM Network News, MarketsFarm Team February 25, 2021

MarketsFarm — There were few notable changes in the latest monthly supply-and-demand report from the International Grains Council (IGC) on Thursday. One of the more significant alterations was its 1.42 per cent increase to total global production from that in 2019-20, at nearly 2.216 billion tonnes. It also raises its estimate for this marketing year’s

Crops, Markets

IGC cuts record-large world grain production outlook slightly

By GFM Network News October 29, 2020

MarketsFarm — World grain production for 2020-21 was revised slightly lower by the International Grains Council in its latest report Thursday, but the group is still anticipating record large supplies overall. Wheat and coarse grains are forecast to total 2.226 million tonnes, which would be down by one million tonnes from the September forecast but

Crops, Markets

Little variation seen in global grain supply and demand data

By GFM Network News, Glen Hallick - MarketsFarm September 26, 2020

MarketsFarm — Few significant changes appear in the latest monthly supply and demand report from the International Grains Council (IGC), which released its estimates Thursday. The IGC slightly nudged its estimate of total world grain production from its August estimate of 2.23 billion to September’s 2.227 billion tonnes. The September forecast is 2.1 per cent

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets

Global grain production to exceed 2.2 billion tonnes, IGC predicts

By GFM Network News, Glen Hallick - MarketsFarm May 2, 2020

MarketsFarm — The International Grain Council (IGC) has revised its latest monthly forecast of global grain production down slightly. The IGC projected global production in 2020-21 to hit 2.218 billion tonnes its April 30 report, for a drop of five million tonnes from its March estimate. The reduction was due to the dry conditions in

Bulk wheat being loaded on a ship in a Russian port. (YGrek/iStock/Getty Images)

Crops, Markets

Global grain production to increase, IGC predicts

By GFM Network News, Glen Hallick - MarketsFarm March 30, 2020

MarketsFarm — The International Grains Council (IGC) issued projections Thursday calling for a slight increase in total global grain production for the current marketing year and for 2020-21. The U.K.-based council forecast world production at 2.175 billion tonnes, which would be an increase of three million tonnes from its February report. The IGC said that’s

File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)

Crops, Markets

IGC calls for more wheat despite lowering global forecast

By GFM Network News, Glen Hallick - MarketsFarm January 29, 2020

MarketsFarm — At close to 1.03 billion tonnes, there’s going to be more wheat in the world in 2019-20 than in the previous marketing year, according to the latest outlook from the International Grains Council (IGC). The London-based organization released its report on Jan. 23, in which it revised its previous forecast — but with

Argentina's grain harvest is sure to boost the South American country's position in global markets.

Grain Markets, International news

Argentina set for bumper wheat crop

Other wheat-growing regions are facing weather woes

By Hugh Bronstein, Karl Plume August 15, 2019

Reuters – Argentine wheat farmers are preparing for a record harvest, even as global rivals see crop yield prospects cut amid floods in the United States, searing heat in Europe and drought in Australia and parts of Canada. The grain bounty in the world’s No. 6 wheat exporter will boost the South American country in

Crops

Why is canola winning acres and not wheat?

The percentage increase in yields for both are about the same leaving some to speculate it’s more about demand than genetics or private versus public variety development

By Allan Dawson December 6, 2018

Wheat needs more research money to compete with crops like canola. That’s the message organizers delivered at the first consultation meeting on two new proposed royalty options in Winnipeg Nov. 16. “Cereals are necessary in crop rotations to prevent pest and disease pressures from emerging,” a government slide presentation said. “However, due to declining profitability

horizontal image of five round steel grain bins sitting in a yellow canola field under a very cloudy sky in the summer.

Grain Markets, Markets

Grain markets playing wait-and-see

Dryness concerns still aren’t causing widespread crop concerns

By Phil Franz-Warkentin August 2, 2018

ICE Futures canola contracts held within a rather narrow range during the week ended July 27, with volumes on the light side as both farmers and end-users keep to the sidelines ahead of the harvest. Dryness remains a concern in a number of areas, but those concerns have so far not been enough to give

Daily Network News

U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade

U.S. grains: Corn futures set June high on US export demand

California researchers create nitrogen-fixing wheat

Tag Archives International Grains Council

International Grains Council sees record global grain production in 2021-22 season

Few alterations seen in new global supply/demand report

IGC cuts record-large world grain production outlook slightly

Little variation seen in global grain supply and demand data

Global grain production to exceed 2.2 billion tonnes, IGC predicts

Global grain production to increase, IGC predicts

IGC calls for more wheat despite lowering global forecast

Argentina set for bumper wheat crop

Why is canola winning acres and not wheat?

Grain markets playing wait-and-see

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