FAO warns of 1.7% reduction in world grain harvest

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According to the reports, the world grain harvest will decrease by 1.7% in the current agricultural season, reaching approximately 2.8 billion tons. TASS With reference to the estimates of the Food and Agriculture Organization of the United Nations (FAO).

This is due to unfavorable conditions for corn harvest in Argentina and rice harvest in China, as Igor Shpakov, adviser to the organization’s branch for relations with the Russian Federation, pointed out at the Winter Grain Conference.

At the same time, Shpakov noted that the world wheat harvest this season will increase by 2.02% to reach 794 million tons. The FAO representative stated that the figures will break records, exceeding last year’s figures by 16 million tons.

Roman Slasten, former Director General of the Ukrainian Agribusiness Club declarationBy 2023, the grain harvest in Ukraine can be reduced by 34%. According to the expert, the expected grain harvest will be enough to meet the domestic market, but exports may decrease by 3-4 times.

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