What do major agricultural forecasters say about the 2021/22 global grains and oilseeds season?

What do major agricultural forecasters say about the 2021/22 global grains and oilseeds season?

The outlook for global agricultural conditions is again in the spotlight as the 2021/22 global grains and oilseed production season commences in the Northern Hemisphere. In the Southern Hemisphere, the season will only start around October. The International Grains Council (IGC) released its estimates at the end of April 2021 and painted a generally optimistic view for essential grains and oilseeds production for 2021/22.

South Africa could have its largest summer grain and oilseed harvest on record in 2020/21 production season

South Africa could have its largest summer grain and oilseed harvest on record in 2020/21 production season

The data released this afternoon by the Crop Estimates Committee (CEC) show that South Africa’s 2020/21 summer grain and oilseed production could increase by 5% y/y to 18,5 million tonnes. While this is still the first production estimate for this season, with eight more to follow, this could be the largest on record if it materializes.

Pin It on Pinterest