World grain supplies to tighten again
The U.S. Department of Agriculture (USDA) doesn’t produce forecasts for the 2018 world crop fundamental structure until May. But the International Grains Council (IGC) came out with its first forecasts last week. We used IGC’s changes for the coming year to project what the USDA might say in May regarding the world structure.
Total grain production— wheat and coarse grains — is...
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