Production is expected to go up! 🙏🥣
The Food and Agriculture Organization of the United Nations just released adetailing the trials and tribulations of cereal production over the past year. It reveals that cereal utilization—or the action of making this beloved breakfast food—will go up by 1.6%. Moreover, supply is already up slightly compared to the beginning of December.
"At 2 805 million tonnes, world cereal utilization in 2021/22 is forecast to increase by 1.6% from its 2020/21 level, despite a downward revision of 4.5 million tonnes, almost exclusively on feed use, since December," the organization writes in the brief.This will happen, the report outlines, in spite of as a weaker corn, sorghum, and wheat harvest.
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