The report posted yesterday by the UN Food and Agriculture Organization projects further declines in world grains production. The FAO forecasts 2022 output at 2.768 bil metric tons (of all major grains, e.g. corn, wheat, rice), which will be a 1.7% decline from 2021.
The breakdown includes a 2.8% drop in coarse grains (corn, rye, etc.,) down to the level of 1.468 bil mt, whose causes include bad weather in the U.S., which alone accounts for 30% of world annual corn output, because of being made into an export-source region for the globalist cartels.
World rice production is projected down this year by 2.4%, to a level of 512.8 mil mt from last year. The decline has causes including the heat wave in China, and flooding in Pakistan.
World wheat production is headed to be 1% above its volume in 2021, thanks to the bumper harvest in Russia, and a better-then-expected crop in Europe and Canada.
