LONDON, ENGLAND — The forecast for total world grains production in 2014-15 increased 4 million tonnes to a record 2.006 billion tonnes in the latest International Grains Council (IGC) report released on Feb. 26.
All of the revision is absorbed by higher projected consumption, mainly in the feed and industrial use sectors, as demand is being stimulated by lower prices, the IGC said. The world carryover forecast is therefore little changed from before, at 431 million tonnes, a jump of 29 ...
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2015