Grain output, use, ending stocks and trade projected to decline in 2022-23.

New crop, strong dollar cut prices.

Projected trade total would be second lowest since 2013-14.

Food Assistance Committee expresses concern about the effects of Russia’s invasion of Ukraine.

Says increases in wheat, barley production to compensate for smaller 2022-23 corn crop.

Although latest projection is revised downward, this year’s trade total would still be highest in three years.

Global carryover stocks expected to drop to eight-year low in 2022-23.