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.