NEWS
IGC Raises Wheat, Corn Forecast
Fri May 31, 2013 09:46 AM CDT

(Dow Jones) -- The International Grains Council on Friday raised its forecasts for the world's corn and wheat crops, citing better cultivation and yields in the European Union and the Soviet Union.

The IGC expects 682 million metric tons of wheat to be harvested, 4% more than last season and 2 million tons more than the organization estimated last month.

"Although there is continued uncertainty about harvest prospects in some major producers, global wheat availabilities are still set to be ample over the year ahead," the IGC said in a report.

It pegs the 2013-14 corn crop at 945 million ...

Quick View
Related News Stories
Ukraine Grain Exports Up
Russia Spring Planting Ahead of Pace
Ukraine Grain Exports Up
Russia Grain Exports Up 47.3%
Ukraine Planting Ahead of Last Year
2012 Drought Affects Ag Giant
Russia Spring Planting Slows
Ukraine Grain Exports Up
Crimea Annexation Won't Affect Exports
Russia, Ukraine Grain Exports Up