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I.G.C. trims 2014-15 world wheat crop forecast
date:Apr 29, 2014
The International Grains Council on April 25 lowered its forecast for 2014-15 world wheat production to 697 million tonnes, down 3 million tonnes from the I.G.C.s March outlook and down 12 million tonnes, or 2%, from 709 million tonnes in 2013-14. Even with the lower forecast, the 2014-15 world wheat crop was projected to be second in size only to last years record outturn.

The I.G.C. pointed to smaller projected crops in Russia, Ukraine, Canada, Iran, China, Morocco and Australia, which were o

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