date:Dec 03, 2013
The International Grains Council on Nov. 28 revised upward its forecasts for 2013-14 world wheat, corn and soybean production. Each crops outturn was projected to set a new record. The I.G.C. lowered its forecast for world rice production, but even with the downward adjustment to the projection, the world rice crop also was expected to be the largest harvested.
The I.G.C. forecast world wheat production in 2013-14 at 698.4 million tonnes, up 2 million tonnes from its October Grain Market Report