Global wheat production expected to decline to 681 Million tonnes during crop year 2012-13:

International wheat production is likely to slip marginally to 681 million tonnes during the 2012-13 crop year, as compared to last year’s record, due to poor production in Australia, Kazakhstan, Morocco and Ukraine, said the UK-based International Grains Council.

A statement issued by International Grains Council, says, “World wheat production in 2012-13 is expected to fall by 15 Million Tonnes from last year’s record production of 696 Million tonnes.”
The output is expected to be lower as compared to the estimated consumption of 683 million tonnes. The net production has been estimated lower since production in Australia, Kazakhstan, Morocco and Ukraine is likely to decline although improved outcomes are witnessed in North America and Russia.

China and India are the two most significant wheat producing nations in the world. The crop year differs from nation to another. In India, the crop is planted during late October-November and the harvesting usually kicks off by last  of April 12.

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