Five-year baseline projections of supply and demand for wheat, maize (corn), rice and soyabeans to 2025/26

The projections outlined in this report represent a possible supply and demand scenario for the major grains (wheat and maize (corn)), rice and soyabeans for the five years to 2025/26, taking into account a number of broad assumptions.

The outlook assumes that growing conditions are conducive for yields to reach average levels and does not take account of any variability linked to particularly favourable or unfavourable weather in an individual season.

Data up to 20/21 based on forecasts issued in GMR516, 26 November 2020.