In the previous season, the total harvest of corn in the world amounted to $ 968 billion tons. In the 2014-15 year farmers all over the world gathered around 1,018 billion tons of this crop.

Forecast of consumption of corn in the current report have been adjusted in a big way compared with earlier expectations of up to 1,017 billion tonnes. In the last report, the assessment was less than 14 million tons. Compared to the previous year, the volume of use of the grain in the world will increase by 42 million tons (968 million tons).

The trade volume of maize on the world market in the period under review, according to the latest report of IGC, will be 130 million tons. Previously, prospects were below 2 million tons. In the previous season the figure was equal to 133 million tons.

The ultimate global reserves of corn in the next season, according to the latest report, will be 213 million tons. This is behind last evaluation at 8 million tons. A year earlier, the reserves of corn in the world can be at 6 million tons lower. We will remind, in the 2014-15 season carryover stocks amounted to 207 million tons.