Analysts USDA in the May report published forecast for global wheat production in 2022/23, after the harvest of Grains can be reduced up to 774,8 million tons compared to 779,3 million tons in 2021/22 and 775,7 million tons in 2020/21.
In particular, experts predict that in Ukraine up to 21,5 million tons (33 million tons in 2021/22), as well as in the USA up to 60,5 (63,3) million tons, in the EU up to 136,5 (138,4) million tons, in India up to 108,5 (109,6) million tons, in Australia up to 30 ( 36,3) million tons, in Argentina up to 20 (22,1) million tons and in Pakistan up to 26,4 (27,5) million tons.
At the same time, analysts expect that wheat production in Brazil will increase to 8,5 (7,7) million tons, Canada - 33 (21,6) million tons, Egypt - 9,8 (9) million tons, Iran - 13,2 (12) million tons, Kazakhstan 13 (11,8) million tons, Russia 80 (75,1) million tons, Turkey 17,5 (16) million tons and Great Britain 14,4 (13,9) million tons Metric tons.
Thus, grain exports from Canada are expected to grow by 24 (15,5) million tons, the EU by 36 (31) million tons, Kazakhstan by 8 (7) million tons and Russia by 39 (33) million tons. However, Ukraine can reduce wheat exports to 10 (19) million tons, which USA to 21 (21,7) million tons, India to 8 (10) million tons, Australia to 25 (27) million tons and Argentina to 14 (16) million tons.
inventories Wheat in 2022/23, according to preliminary estimates of analysts, than 267 million tons compared to 279,7 million tons in 2021/22, of which in the People's Republic of China – 141,5 (141,9) million tons, EU – up 10,6 (13,6) million tons, India – 16,4 (21,3) million tons, Russia – 11,1 (12) million tons, Ukraine – 6 (5,6) million tons and the USA – 16,8 (17,8) million tons.