NEWS
Fri Aug 29, 2014 08:09 AM CDT

LONDON (Dow Jones) -- The International Grains Council Friday increased its forecast for the 2014-15 global wheat crop to 713 million metric tons, a rise of 11 million tons, citing greater harvest acreage levels in Russia and Europe.

"Most of the monthly rise is for wheat, largely because of better-than-expected results in China, the EU and Russia," said the IGC.

The grains body also raised its forecast for the global corn crop for the 2014-15 year by 4 million tons to 973 million tons.

(CZ)

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