NEWS
IGC Raises Harvest Forecast
Fri Aug 30, 2013 09:59 AM CDT

(Dow Jones) -- World corn production during the 2013-14 crop year is forecast to hit 945 million metric tons, the International Grains Council said Friday, increasing its previous forecast by 3 million tons due to a recovery in U.S. stocks.

The IGC also raised its forecast for world wheat production by 4 million tons to 691 million tons, reflecting better prospects for Canada, the Europeof less than these quantities must be reported to USDA on a weekly basis.

(BAS)

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