financetom
Business
financetom
/
Business
/
IGC maintains global wheat, corn production forecasts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IGC maintains global wheat, corn production forecasts
Oct 17, 2024 2:31 PM

LONDON, Oct 17 (Reuters) - The International Grains

Council (IGC) maintained its forecasts for 2024/25 global wheat

and corn crops in a monthly update issued on Thursday.

The inter-governmental body kept its global wheat production

forecast at 798 million metric tons, with an improved outlook

for Kazakhstan offset by downward revisions for Australia and

Argentina.

"Localised dryness has slightly curbed wheat prospects in

Australia and Argentina ahead of the main winter harvest

period," the IGC said.

The IGC's forecast for global corn production remained at

1.224 billion metric tons, with small upward revisions for the

United States and India offset by diminished crop prospects in

Russia and Egypt.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Explainer-What worries US executives about tariffs
Explainer-What worries US executives about tariffs
Jan 31, 2025
(Reuters) - Tariffs have been top-of-mind for corporate executives in the early days of this quarter's earnings season as U.S. President Donald Trump threatens to hit allies Mexico and Canada with levies on imported goods.  Those tariffs are expected to now begin on March 1, with an announcement on Saturday, but it is possible Trump will back off those threats...
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
Jan 31, 2025
NEW YORK, Jan 31 (Reuters) - Colgate Palmolive ( CL ) is looking at ways to reduce the impact of possible tariffs on its toothpastes, which the company manufactures in Mexico for the U.S. market, Chief Financial Officer Stan Sutula said on a call with Wall Street analysts on Friday. Sutula's comments come one day before President Donald Trump pledged...
Mexico's baguette-themed musical parody exacts revenge for 'Emilia Perez'
Mexico's baguette-themed musical parody exacts revenge for 'Emilia Perez'
Jan 31, 2025
MEXICO CITY, Jan 31 (Reuters) - A crowd-funded short film spoofing the year's most Oscar-nominated movie is set to screen in Mexican cinemas, as local backlash against French crime musical Emilia Perez pits an amateur comedy against the cinema establishment. Emilia Perez, the story of a Mexican cartel boss who enlists a lawyer to help her disappear and transition into...
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
Jan 31, 2025
NEW YORK (Reuters) - Colgate Palmolive ( CL ) is looking at ways to reduce the impact of possible tariffs on its toothpastes, which the company manufactures in Mexico for the U.S. market, Chief Financial Officer Stan Sutula said on a call with Wall Street analysts on Friday. Sutula's comments come one day before President Donald Trump pledged to impose...
Copyright 2023-2026 - www.financetom.com All Rights Reserved