IGC Raises Global Corn and Wheat Production, Also Boost Consumption

Posted on 03/09/2017 10:21 AM
The International Grain Council (IGC) raised its global 2016-17 wheat crop peg by 6 MMT from last month to 735 MMT, but also boosted consumption by 7 MMT. In the end, it projects carryover at a robust 228 MMT, up 2 MMT from last month and 9 MMT higher than year-ago. IGC raised its global 2016-17 corn production peg by 14 MMT to 1,017 M...