Forecasts for production of fodder grain in the world
According to forecasts of analysts, the production of fodder grain in the world in the current marketing year will be 1.324 billion tons.
Such information was provided by the Ministry of Agriculture of America.
In comparison with the previous marketing year, the production of fodder grain in the world will decrease by 41.84 million tons. In the past marketing year, this figure was 1.366 billion tons.
Forecasts for export of fodder grain increased by 0.4 million tons in comparison with the forecast for December 2017 and amounted to 188.91 million tons. However, in comparison with the same period of the past marketing year fodder grain exports are 12.72 million tons less than last year’s figures. Last year this figure was 201.63 million tons.
Forecasts for the import of fodder grain increased by 0.7 million tons in comparison with the forecast for December 2017 and amounted to 183.55 million tons. However, in comparison with the same period of the last marketing year, the indicators of import of feed grain exceeds last year’s figures by 10.85 million tons. Last year this figure was 172.7 million tons.
It should be recalled that forecasts for wheat production in the world increased by 1.8 million tons.
Forecasts for the production of feed grains in the world are important for agricultural enterprises and market participants. On the COM3S page, you will find up-to-date forecasts that will help you understand the current situation and make informed decisions.
Analysts and experts monitor trends in coarse grain production and make forecasts based on various factors such as weather conditions, product demand, changes in consumer preferences and international trade relations.
Forecasts for the production of feed grains help enterprises plan their activities, optimize production processes and adapt to changes in the market. They also affect the prices and competitiveness of products.
3S Company provides reliable feed grain forecast information to help you stay on top of the latest trends and make informed decisions. We offer analytics, statistics and expert opinions to help you successfully manage your business and achieve your goals.