Reading Time: < 1 minute There were several revisions made to the International Grains Council monthly supply and demand report issued on Feb. 19, most notably in soybeans.
Tag Archives IGC
IGC February report adjusts world data
IGC raises 2025/26 world grains forecast to record 2.5 billion tons
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Reading Time: < 1 minute Global grain production is rising faster in the 2025/26 season than previously forecast and stocks also look set to climb this season, the International Grains Council said on Thursday.
IGC raises 2025/26 world wheat, corn crop forecasts
Reading Time: 2 minutes Global stocks of grain are set to increase during the 2025/26 season for the first time in four years, the International Grains Council said on Thursday as it raised its forecasts for both wheat and corn crops.
IGC raises 2025/26 world wheat crop forecast
Reading Time: < 1 minute The International Grains Council has raised its forecast for 2025/26 global wheat production with crop outlooks upgraded for Russia, the United States and Argentina.
IGC trims global corn forecast
Reading Time: < 1 minute The International Grains Council (IGC) on Thursday cut its forecast for 2024/25 global corn production, largely reflecting a downward revision for the United States.
IGC raises wheat, corn, cuts soybeans
IGC upped projected total grain ending stocks to 590.2 million tonnes
Reading Time: 2 minutes As the world’s supply of grain for 2023/24 was increased to 2.307 billion tonnes, the International Grain Council bumped its projections for wheat and corn, while trimming those for soybeans.
Cuts to corn output drag IGC’s overall estimates lower
Wheat production estimate up, soy down
Reading Time: < 1 minute MarketsFarm — Reductions to global corn production for 2023-24 resulted in the International Grains Council cutting some of its numbers in its monthly supply and demand report issued Thursday. The London-based IGC reduced its forecast for world corn output from its September call of approximately 1.222 billion tonnes, to 1.219 billion. Although total use in […] Read more
IGC boosts estimates for global corn, soy production
World wheat output expected down on year
Reading Time: < 1 minute MarketsFarm — The International Grains Council (IGC) on Thursday bumped up its forecast for total global grain production for 2023-24 to a record 2.294 billion tonnes, raising outputs for corn and soybeans but reducing its call for wheat. Compared to the IGC’s April report, it added three million tonnes to its May forecast on overall […] Read more
U.S. grains: July corn down on poor exports, strong crop prospects
CBOT soybeans, wheat also down; new-crop December corn up off decline
Reading Time: 2 minutes Chicago | Reuters — Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said. Soybean futures hit a 10-month low, and wheat futures slipped more than two per cent as an extension of a deal to allow war-ravaged Ukraine […] Read more
World production seen up with more corn, soybeans
IGC holds wheat production estimate steady
Reading Time: 2 minutes MarketsFarm — As the International Grains Council (IGC) raised its estimate for total world grain production in 2023-24, its forecast on corn and soybeans were increased as well. Meanwhile, production estimates for wheat were held steady. The London-based IGC issued its latest supply and demand report on Thursday. World grain production was bumped up by […] Read more