On June 12, USDA forecast 2018/19 world wheat production to fall for the first time in 5 years in its monthly World Agricultural Supply and Demand Estimate (WASDE). USDA expects global wheat production to fall to 745 MMT, down 2% from 2017/18. Global trade will reach a record 187 MMT in 2018/19, 8% above the 5-year average. 2018/19 global consumption will set a sixth consecutive record at 751 MMT. World ending stocks will fall to 266 MMT, down 2% from 2017/18, if realized. 2018/19 U.S. wheat production will total 49.7 MMT, up 5% from last year.
美国农业部2018/19年世界小麦产量为5年来首次出现下降,降幅为2%,产量为7.45亿吨,全球的贸易量为1.87亿吨,较上年增长8%;全球消费量连续6年增长,为751亿吨,世界的期末库存降到2.66亿吨,较上年下价格2%。其中美国小麦较上年增长5%,达到4970万吨。
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