Posted on July, 22, 2022 at 08:40 am
The International Grains Council (IGC) on Thursday trimmed its forecast for 2022/23 global corn output, largely driven by drought stress in the European Union.
In its monthly update, the inter-governmental body reduced its 2022/23 world corn (maize) crop outlook by 1 million tonnes to 1.189 billion tonnes, well below the previous season's 1.220 billion tonnes.
The IGC's forecast for wheat production in the 2022/23 season was also raised slightly, by 1 million tonnes to 770 million tonnes. (Reporting by Maytaal Angel Editing by David Goodman )
Source: Successful Farming