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Early estimate points to record 2021 wheat output

07.03.2021 23:15 "Agro Perspectiva" (Kyiv) FAO also released the Cereals Supply and Demand Brief, including updated assessments of global production, consumption, trade and inventories.

Global wheat production in 2021 is likely to increase and hit a new record of 780 million tonnes, according to FAO’s preliminary forecast, as expectations of a rebound in production in the European Union more than offset weather-impacted production prospects for output in the Russian Federation. Maize production in South Africa is expected to reach near-record levels in 2021, while outputs in South America are forecast at well above-average levels. The crop is yet to be planted in countries north of the equator.

The Brief offers more details and updated assessments. Highlights include a new and higher estimate for world cereal production in 2020, now seen at 2 761 million tonnes, a 1.9 percent increase from the previous year, lifted by higher-than-expected outturns reported for maize in West Africa, for rice in India, and wheat harvests in the European Union, Kazakhstan and the Russian Federation.

FAO’s new projections for 2020/21 include a 2.0 percent annual increase in global cereal utilization to 2 766 million tonnes and 5.5 percent growth in world trade in cereals to 464 million tonnes. Global cereal stocks are now forecast to end 2021 at 811 million tonnes, 0.9 percent below their opening levels, pushing down the stock-to-use ratio to 28.6 percent. World rice and wheat stocks are expected to increase, while those of coarse grains to decline.

Cereal output and import needs both rise in Low-Income Food Deficit Countries

Crop Prospects and Food Situation, a quarterly publication by FAO’s Markets and Trade Division, was also released.

It estimates that aggregate cereal production by the 51 Low-Income Food Deficit Countries rose 3.0 percent in 2020 from the previous year to 502.4 million tonnes, as recoveries in Southern Africa and the Near East outweighed a decline in Central Africa. However, aggregate cereal import requirements by the group in the 2020/21 marketing year are expected to rise to 74.1 million tonnes, with the Far East and West Africa subregions posting the largest additional needs.

Early production outlooks for 2021 are broadly favourable but drought-like conditions in Afghanistan and southern Madagascar are of emerging concern.

The report assesses 45 countries to be in need of external assistance for food: Afghanistan, Bangladesh, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Congo, Democratic People’s Republic of Korea, Democratic Republic of Congo, Djibouti, Eritrea, Eswatini, Ethiopia, Guinea, Haiti, Iraq, Kenya, Lebanon, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mozambique, Myanmar, Namibia, Niger, Nigeria, Pakistan, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Syrian Arab Republic, United Republic of Tanzania, Uganda, Venezuela, Yemen, Zambia and Zimbabwe.

Agro Perspectiva

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