AMIS sees bigger corn crop and stocks worldwide
The Agricultural Market Information System, an international body, said it raised its forecast of this season's corn crop worldwide "significantly, mostly on improved outlook for crops in the EU and the United States." AMIS pegged the crop at 1,001 million tonnes, up 13 million tonnes from a month ago, and said end stocks for 2014/15 would rise by 27 million tonnes.
China to discuss its stockpile secrets with UN ag experts
Chinese agricultural leaders are to meet members of the UN-backed Agricultural Market Information System, created after food prices surged worldwide in 2008, to discuss access to data on Chinese grain stockpiles, says AgriMoney.