Global coarse grain supplies for 2012/13 are projected 4.0 million tons lower despite higher beginning stocks of corn in the United States and barley in Canada, according to this month's World Agricultural Supply and Demand Estimates (WASDE) report. Reduced corn production prospects for EU-27, Serbia, and Canada add to the decline in the United States to reduce world corn output 8.0 million tons.
Higher barley production for EU-27 and Canada mostly offset reductions in oats, barley, rye, and millet production in Russia.
Corn production is lowered 4.4 million tons for EU-27 with yield reductions for France, Italy, Romania, and Hungary as extended drought and heat in August further reduced production prospects across southern Europe. Serbia production is also lowered 1.2 million tons reflecting the same adverse weather conditions.
Canada corn production is lowered 1.1 million tons based on the latest survey results from Statistics Canada.
Download the September 12, 2012 WASDE report (PDF)