LONDON — The International Grains Council on July 29 lowered its forecast for 2021-22 world wheat production by 1.3 million tonnes, to 788.1 million tonnes, still a record world outturn and compared with 773.4 million tonnes in 2020-21. The IGC said its lower production forecast was tied to downgrades for crop prospects in the United States, Canada and Russia, which more than offset higher production projections for Pakistan, Brazil, the European Union, the United Kingdom and Australia.
The IGC forecast US wheat production this year at 47.5 million tonnes, down 3.6 million tonnes, or 7%, from its June projection and down 2.2 million tonnes, or 4%, from 49.7 million tonnes in 2020.
“The US winter wheat harvest was delayed by wet conditions but made better progress in the second half of July, reaching 84% done by 25 July (81% average),” the IGC noted. “Crop quality was reported to be mixed,