IGC raises 2021/22 global grain outlook as prices climb

Capt. John

The International Grains Council (IGC) on Thursday raised its forecast for global grain production in the 2021/22 season as high prices encourage more plantings. In its monthly update, the inter-governmental body saw total grains production at a record 2.292 billion tonnes, up 5 million tonnes from its prior projection. Grain prices have risen sharply this …

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