Soybean

© GettyImages/Dan Brownsword

IGC lowers forecast for world wheat output

By Jane Byrne

Last week saw the IGC amend its projections for global wheat production in 2021-22 to 782m tons, that is 6m tons lower than its July forecast but still an increase of 1.2% from 773m ton in 2020-21.

© GettyImages/JJ Gouin

WASDE: Large cuts to US corn production estimates

By Jane Byrne

US corn production estimates were downgraded further in the January WASDE, lowered to 360.25MT from 368.49MT in the December report, according to CRM AgriCommodities in its analysis of the latest USDA data.

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