Global Grain Stocks Drop Dangerously Low as 2012 Consumption Exceeded Production

Image: Grain production in 2012

earth-policy.org - January 17th, 2013 - Janet Larsen

The world produced 2,241 million tons of grain in 2012, down 75 million tons or 3 percent from the 2011 record harvest. The drop was largely because of droughts that devastated several major crops—namely corn in the United States (the world’s largest crop) and wheat in Russia, Kazakhstan, Ukraine, and Australia. Each of these countries also is an important exporter.

(VIEW COMPLETE ARTICLE)