International Grains Council
World grain harvest forecast is third-largest ever
The world grain harvest "is still expected to be the third-largest ever," despite a heat wave that hurt the wheat and corn crops in Europe, said the International Grains Council in its monthly Grain Market Report.
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.
El Nino adds uncertainty to forecast of record rice crop
The International Grains Council said its forecast of a record-large global rice crop "is tentative, especially given uncertainty about the impact of El Nino on crops in Asia."
World corn harvest to contract by 5 percent this year
In its first forecast of this year's crops, the International Grains Council sees "a sharp fall" in the global corn crop, to 941 million tonnes, down 49 million tonnes from last season.
World rice inventory to be smallest in five years
A surge in rice consumption will pull down stockpiles to a five-year low, a reduction of 8 percent that will be felt the most in major exporters Thailand and India, said the International Grains Council in its monthly Grain Market Report.
Another huge world wheat crop on its way, says IGC
With conditions mostly favorable for winter wheat in the northern hemisphere, the International Grains Council forecast the second mammoth wheat crop in a row - a world total of 701 million tonnes, down 2 percent from the record crop of 2014 but...
Record world soybean crop and China soy imports
World soybean production will hit a record 308 million tonnes this year, up 8 percent from the previous season and fractionally larger than an estimate made a month ago, said the International Grain Council. In its Grain Market Report, the IGC said "planting weather in South America was more favourable and, with potentially large 2014/15 outturns in Brazil and Argentina, as well as a bumper US harvest," peak soybean production was in the cards.
Huge world corn and wheat stocks despite record usage
Thanks to a second year of bumper crops, the world is headed for mammoth inventories of corn, wheat and soybeans, says the International Grains Council in London.
Huge crops to boost world corn and soy surpluses
Bumper crops around the world mean that a dramatic expansion of corn and soybean stockpiles is on the way, says the International Grains Council.
Record world soy crop will boost stocks sharply-IGC
In its first formal forecast of the 2014/15 soybean crop, the International Grains Council forecast a record harvest, up 6 percent from the previous season, and a 24 percent jump in carryover stocks.