World Grain Stocks Shrink For First Time In Six Years

 World Grain Stocks Shrink For First Time In Six Years: World grain stocks will fall next season for the first time in six years, dragging supplies to unusually tight levels, the United Nations Food and Ag Organization said. In its first forecasts for 2018/19, the FAO estimated world inventories of cereals — including wheat, coarse grains and rice — dropping 20.6 million metric tons over the season to 756 million metric tons. The decline would be the first since 2012/13. (Source: Agrimoney)