date:Dec 03, 2013
production was estimated at 58 million tonnes, up 0.5 million tonnes from October but down 3.8 million tonnes from 61.8 million tonnes in 2012.
The I.G.C. forecast world corn production at 949.8 million tonnes, up 1.4 million tonnes from its October outlook and up 87.1 million tonnes, or 10%, from 862.7 million tonnes in 2012-13. The current record world corn crop was harvested in 2011-12 at 876.6 million tonnes. The higher forecast for the current year resulted from a higher estimate for the U