LONDON: The International Grains Council (IGC) on Thursday cut its forecast for global corn (maize) production in the 2020/21 season reflecting diminished outlooks for crops in the United States, Argentina and Brazil.
In its monthly update, the inter-governmental body cut its global corn crop forecast by 13 million tonnes to 1.133 billion tonnes.
The IGC raised its forecast for 2020/21 world wheat production by 3 million tonnes to 768 million tonnes.
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