PIXABAY
The International Grains Council (IGC) raised its forecast for the 2021/22 global corn crop, predominately reflecting an improved outlook for the U.S.
In its monthly update, the inter-governmental body increased its 2021/22 world corn (maize) crop outlook by 1 million tonnes to 1.210 billion tonnes.
The IGC put the U.S. corn crop at 381.5 million tonnes, up from a previous projection of 380.3 million tonnes and in line with the U.S. Department of Agriculture's current forecast.
