last release: February 2019
Supply & Demand
2017/18 | 2018/19 | ||
|---|---|---|---|
estimate | 6 Dec | 7 Feb | |
Production | 760.3 | 725.1 | 728.4 |
Supply | 1014.9 | 1001.9 | 1005.7 |
Utilization | 737.0 | 739.6 | 742.6 |
Trade | 176.3 | 172.5 | 171.8 |
Ending Stocks | 277.3 | 264.5 | 266.9 |
in million tonnes | |||
- Wheat 2018 production forecast raised, but still well short of the 2017 record.
- Utilization in 2018/19 lifted, largely on upward revisions to feed use in Australia.
- Trade in 2018/19 (July/June) lowered slightly on reduced import prospects in Asia and in the EU.
- Stocks (ending in 2019) higher than in the previous forecast, reflecting upward revisions in Canada and in the Russian Federation.