Group 1 - The United Nations Food and Agriculture Organization (FAO) predicts that global grain production will reach a record high of 2.961 billion tons by 2025, an increase of 3.5% compared to the previous year [1] - The increase in production is primarily attributed to upward adjustments in corn production forecasts for Brazil and the United States, with coarse grain production expected to rise by 5.9% to 1.601 billion tons [1] - Global grain consumption for the 2025/2026 period is forecasted to be 2.922 billion tons, reflecting a 1.6% increase from the previous year, driven by higher feed consumption of corn and wheat in livestock and aquaculture [1] Group 2 - The FAO's latest forecast for global grain stocks at the end of the 2026 season is 898.7 million tons, which is 3.7% higher than the beginning level, marking a historical record [1] - The ratio of global grain stocks to consumption for the 2025/2026 period is expected to reach 30.6%, an increase of nearly one percentage point from the previous season, indicating a market outlook of ample supply [1] - The FAO forecasts global grain trade volume for the 2025/2026 period to be 493.4 million tons, representing a 1.4% increase from the previous year [1] Group 3 - In August, the international food price index averaged 130.1 points, a slight increase from July's revised 130.0 points, and up 6.9% year-on-year [2] - The vegetable oil price index rose by 1.4% in August, reaching its highest level in three years, while the grain price index decreased by 0.8% [2] - The meat price index increased by 0.6% in August, reaching a historical high, primarily driven by rising international beef prices [2]