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)

Quick View
Related News Stories
Ground Shifts Under Wheat Trade
IGC Revises Wheat Forecast Up
Strategie Cuts Wheat Forecast
Wheat Gets Cold Feet
Strategie Grains: EU Wheat Down 4%
Tensions Disrupt Wheat Trade
Walk Wheat Fields
Todd's Take
USDA Weekly Crop Progress