rice crop
Smallest rice crop in drought-hit California in 16 years
While U.S. rice production is zooming, California will see its smallest crop in 16 years, said USDA in its Rice Outlook report. The harvest was forecast at 36.4 million hundredweight, down 24 percent due to drought that restricted plantings.
Bigger global corn crop this year, says IGC
World grain supplies will rise marginally in 2023/24, buoyed by larger corn harvests in the United States, the EU, and Argentina, said the International Grains Council on Thursday. The council’s monthly Grain Market Report said corn production would rise 4.5 percent, to reach 1.202 billion tonnes worldwide.