The production forecast for total grains (wheat and coarse grains) is revised 5m t higher this month, to a record 2,430m, including increases for wheat, maize and barley. Harvests have so far been better than expected, with projections revised higher in consecutive reports since August. Total grains demand is set to rise by 2% y/y (year-on-year), with growth in feed and food use outpacing last season and the five-year average.