(Ecofin Agency) - During the 2018-2019 campaign, the World’s wheat output could record its first contraction since 6 years, the International Grains Council (IGC) announced yesterday.

According to the intergovernmental organization, this fall is subsequent to a downward revision of the world’s crop, in a context where consumption will continue the growing momentum recorded last year.

So, the overall wheat output should slightly decline by 2% to stand at 742 million tons, against the 752 million tons recorded during the previous season.

The council also indicated that the international trade of wheat could increase considerably during the campaign due to strong exports spurred by the rising demands in Africa and Asia. 

Espoir Olodo