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IGC: forecast of global wheat production increased
The international Grains Council (IGC) raised its forecast for global wheat production in the 2016/17 season by 4 million tonnes to a record 747 million tons (736 million tons last season)
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Reduced forecast for the EU, but this loss covers the increased production in Australia, Canada, China, and Kazakhstan.

The greatest increase of wheat production is expected in China by 2 million tons compared to forecast Aug to 128 million tons. That's below last year's harvest 130,2 million tons

Total world grain production in the season 2016/17 (2,069 billion tons) will remain almost at the level of last season (2,002 billion tons).

IGC increased the forecast of world soybean production 4 million tons to a record 329
million tons, mainly due to the growth of productivity in the United States.

The international Grains Council (IGC) has lowered the forecast of world maize crop in the season 2016/17 due to reduced production in China and the EU, according to AGN. "Grain It-A Line".

According to the expectations of the IGC, the global corn production will reach 1.027 billion tons, 3 million tons less than forecast in August, but higher than last season - 970 million tons.

China and the EU will reduce production due to dry weather conditions. The harvest in China will be reduced by 2 million tonnes to 217 million tonnes in the EU 2.1 million tons to 59.5 million tons.



Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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