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		14/15	15/16	16/17	17/18
				est.	forecast
TOTAL GRAINS*					29.06	27.07
Production		2051	2012	2126	2049	2038
Trade		322	346	352	349	349
Consumption		2010	1988	2084	2084	2083
Carryover stocks		457	481	523	480	478

* Wheat and coarse grains

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2017/18 world #wheat production is cut to 732m t, a four-year low, down 3% y/y on cuts for North America, Australia, the EU and Ukraine.

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