The forecast for the world's grain stocks for the current season was raised by 6 mln.tonnes to 2,111 mln.tonnes which is a record high level. Growth is due to large yields in the southern hemisphere. Compared to last season, growth is 5%.

Despite high demand for grain, previous stocks peaked at 516 million tonnes (+ 8%), by 3 mln. tonnes more than the March forecast.

The world grain trade forecast for the current season is expected to be by 2 mln. Tonnes higher, because India will import more wheat. Trade will reach 345 mln. tonnes, which is 1 mln. tonnes less than the record high reached last year.

The forecast for the world grain yields in 2017 - 2018 was increased. From 2 050 mln. tonnes in the March forecast to 2,054 mln. tonnes in April, incl. wheat 736 mln. tonnes (735), corn 1 026 mln. tonnes (1 024).

World consumption of grain in 2017 - 2018 will amount to  2 079 mln. tonnes (2 079 mln. and 2 075 mln. tonnes).

Previos world grain stocks at the end of 2017 - 2018 will amopunt to 491 mln. tonnes (484 and 516), incl. wheat 239 mln. tonnes (234 and 240) and corn 1 046 mln. tonnes (1 044 and 1 041).

World grain trade with grain in the new season will reach 342 mln.tonnes (340 and 345).