Mumbai, Feb. 20 -- International Grains Council or IGC has stated in a latest monthly update that the forecast of 2025/26 world total grains (wheat and coarse grains) production is 1 million (m) tonnes (t) lower month-on-month (m/m), at 2,460 mt. Output is estimated at 2326 mt in 2024-25. The monthly reduction primarily reflects a revised barley estimate, with minor, near-offsetting changes for other crops. Factoring in smaller opening stocks, the total supply outlook is slightly tighter than before, with forecast end-season carryovers (aggregate of respective local marketing years) pegged 3 mt lower m/m, at 631 mt. Wheat production is forecast at 842 mt in 2025/26, up 5.11% on year. Including m/m increases for maize, wheat, barley and sorg...
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