Sunday, October 2, 2022

August USDA reduces world grain harvest by 2.1 million tonnes to 2,761.5 . Does

August USDA reduces world grain harvest by 2.1 million tonnes to 2,761.5 . DoesThe United States Department of Agriculture, USDA’s August 2022 report has lowered the world grain harvest forecast by 2.1 million in relation to the previous document, bringing that figure to 2,761.5 million tons, representing a shortfall. Is. 1.2% compared to 2021 when it was 2,797.39 million.

wheat

Data presented by the USDA for wheat shows an increase of 8 million compared to the July report, to 779.6 million, nearly repeating the figures cut in 2021.

They have raised their forecasts, notably Russia, which earns 7.5 million with respect to July and adds 88 million tonnes; Win three million in both Australia and China where this grain harvest is estimated at between 33 and 138 million tonnes, with Canada also showing gains of one million tonnes to reach 35 million tonnes.

On the contrary, they have presented themselves to the drop Argentina that loses 0.5 million, although it reaches 19 million; There are two declines in EU figures to record a wheat crop of 132.10 million in 20222; India has a shortfall of 3 million tonnes as compared to July, reaching 103 million.

Both Ukraine and the United States repeat the previous data, which is 48.52 and 19.5 million tons.

It is worth noting that 61% of the population lived in Canada, compared to 2021, noting that the previous campaign was marked by a severe drought, going from 21.65 million to 35. Both have increased by 18% in the United States, where, from 44.79 million tonnes collections in the past 365 days to the current 48.52; As in Russia grows from 75.1 to 88 million. China is experiencing a modest growth of 0.7% with 138 million expected to be collected.

The remaining main producers present the figures below for 2021, with the strongest decline being Ukraine, with a 41% decrease from 33 to 19.5 million tonnes; 15% falls from 22.50 in Argentina to 19; 9.1% in Australia going up from 36.3 million to 33; India will experience a shortfall of 6.1%, falling from 109.59 million to 103 and finally, 4.5% in the European Union where wheat harvesting will fall from 138.29 in 2021 to 132.10 in 2022.

Maize

The USDA’s report for August 2022 offers a 6.3 million reduction in corn harvests compared to 2021 with a forecast of 1,179.61 million tonnes. The reduction in relation to the previous campaign is 3.3%, since then 1,218.76 million tonnes were harvested.

decline in the United States, down 3.7 million for a total of 364.7; And in the European Union, where there is a shortfall of 8 million with a crop of 60 million, these general declines are mainly responsible, although we cannot forget the increase of 5 million proposed by Ukraine where this month’s forecast would be 30 million tonnes. of.

As already mentioned, compared to the 2021 campaign, the world harvest has declined by 3.3%, falling from 1,218.76 million for that campaign.

A decrease of 18.3% in Ukraine should be highlighted for obvious reasons, as it goes from 42.13 million to the current 30: or a decrease of 15.5% in the European Union with a significant decrease from 70.98 million to 60. We cannot forget the 5.1% reduction experienced in the United States, where it falls from 383.94 million to 364.7, while there is a decrease of barely 0.6% in China with a collection of 271 million tonnes.

Brazil has been shown to be particularly on the rise as it grew 8.6% from 116 million in 2021 to the current 126; Argentina saw a 3.7% increase going from 53 to 55 million tonnes.

military

Soybean production for August 2022 will reach 392.79 million tonnes, 1.3 million more than in July, according to the USDA report.

With respect to 2021, the global harvest will have increased by 11.3% from 352.7 million, the highest in history.

Brazil leads the sector with a production estimate of 149 million tonnes, repeating the July figure; It is followed by the United States at 123.3 (+0.7 million compared to 2021) and Argentina, which doubles July’s values ​​with an estimate of 50 million. China gained 0.9 million to reach 18.4 and the European Union lost about 0.5, whose collections are estimated to reach 2.57 million tonnes.

With respect to 2021, a 15.9% increase in Argentina began with 44 million: 14.2% in Brazil, as 126 were collected in that campaign, and 12% in China, which, over the past 365 days, has increased from 16.4 million to 18.4 million. Feather.

Softer is growth in the United States, which as of a 2.1% gain increased from 120.71 million tonnes in 2021 to 123.3 today.

In contrast, the EU sees its soybean harvest down 6% in 2022 compared to 2021, from 2.73 million to the above 2.57 million

Noticia patrocina por el Grupo AN August USDA reduces world grain harvest by 2.1 million tonnes to 2,761.5 . Does

Nation World News Desk
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