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  • Farmer's Weekly

    Expected large global grain supplies will benefit consumers

    Aug 04, 2023 3 minutes

    On 12 July, the US Department of Agriculture (USDA) released its monthly flagship report, the World Agricultural Supply and Demand Estimates report. Its focus has shifted from the 2022/23 season to the 2023/24 season, currently underway in the Northern Hemisphere and starting around October in the Southern Hemisphere.

    The past few weeks, specifically in the US, brought drier weather conditions, leading to fears of a potential downward revision in the crop forecasts. Yet

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