June 1, 2009


IGC cuts 2009-10 world grain output view 0.3 percent to 1.721 billion tonnes



The world's 2009-10 grain crop is forecast at 1.721 billion tonnes, the International Grains Council said Friday (May 29).


The figure is 0.3 percent lower than the 1.727 billion forecast in April by the IGC. The council raised its 2009-10 wheat output estimate by 0.2 percent from April's to 652 million tonnes.


At the same time, the council cut its 2009-10 corn output estimate to 771 million tonnes.