Content ID


UPDATE 1-IGC trims forecast for 2022/23 global wheat crop

(Adds details)

LONDON, Nov 17 (Reuters) - The International Grains Council (IGC) on Thursday trimmed its forecast for 2022/23 global wheat production by one million tonnes to 791 million tonnes.

The downward revision was driven by a diminished outlook in Argentina where a crop of 13.0 million tonnes is now expected, down from a prior forecast of 17.5 million.

The wheat crop in Argentina has been shrunk by a prolonged drought and recent cold snaps.

There were upward revisions for Turkey (19.8 million tonnes from 18.3 million) and Australia (34.7 million from 33.5 million), which partially offset the decline in Argentina.

In its monthly update, the inter-governmental body also maintained its 2022/23 world corn (maize) crop outlook at 1.166 billion tonnes. (Reporting by Nigel Hunt Editing by Mark Potter)

© Copyright Thomson Reuters 2022. Click For Restrictions -

Read more about

Tip of the Day

Puncture spray cans

Spray can puncture The local scrapyard wouldn’t accept empty aerosol containers unless there was a hole in the can. So I glued a PVC cap to one end of a pipe... read more

Talk in Marketing

Most Recent Poll

Will you have enough on-farm storage for harvest?

I just want to see the responses
45% (30 votes)
37% (25 votes)
No, it’s going to be a bin-buster
9% (6 votes)
Maybe, depending on yields
4% (3 votes)
No, I am looking at new bins or temporary storage
4% (3 votes)
Total votes: 67
Thank you for voting.