Food and Agriculture Organization (FAO) releases its latest report on global food production. According to the latest global food production outlook by FAO, production of wheat, rice, and coarse grains is poised to reach historic levels in 2025-26. Favourable weather conditions, increased sowing, and better yields are among the prominent reasons behind this optimistic report. As per the report, wheat production is estimated at its all time high with total output of 819 million tonnes. FAO in its report credited India and the European Union for this positive record global food production outlook.
FAO in its report, while appreciating India said that attractive market prices in India have resulted into expanded production area. Expressing its concern for low production in Iran, Kazakhstan, Pakistan, and Turkey the report said that rainfall in the major producing nations led to reduced production from these countries however, India and EU owing to their favourable weather conditions and market pricing policy have kept the production level in surplus.
FAO Declares Increase in Global Wheat Consumption
Apart from production side, FAO has also depicted increase in wheat consumption. As per the report, wheat consumption is expected to increase to 808 million tons. Use of wheat for animal feed is also expected to increase in Asia and North America. Global wheat trade is projected to increase by 5.1% to 202 million tons, driven by increased imports from Asian countries. Wheat stocks are projected to reach a record 328.8 million tons, maintaining comfortable global supply conditions.
While talking about rice, FAO projects rice production to reach 556 million tonnes for milled rice, which is an all time high, which is driven by record harvests in Asia and Latin America. Despite strong rice consumption, higher production could push global rice stocks to a new record high of 215 million tonnes. Rice trade, however, is projected to decline slightly.
Coarse grain production is projected at 1.61 billion tons, with historic maize harvests in Brazil and the United States contributing the most. Heavy rainfall in Southern Africa has improved yields. Coarse grain consumption is expected to reach 1.57 billion tons, with trade projected to grow by 2.6%.
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