Another record-breaking harvest

World grains production will break records again this year. Although usage also is expected to rise, ending stocks will be higher and export availabilities will be ample. “A positive outlook for global cereal production in 2016, together with abundant stocks, points to a generally comfortable supply and demand balance in 2016-17,” the Food and Agriculture Organization (FAO) said in a Cereal Supply and Demand Brief issued Oct. 6.