December 10, 2007

Coceral ups 07-08 eu grain crop estimate to 253 million tonnes

European Union 2007-08 grain production is forecast at 252.9 million  tonnes, the EU's organization of grain traders, the Comite du Commerce des Cereales, or Coceral, said on Friday (December 07, 2007).

This latest estimate is up from Coceral's previous forecast made back in September of 251.4 million tonnes, but down 2.2 percent from last season's crop of 258.7 million tonnes.