Economics
World Corn-Crop Forecast Raised by Informa to 932 Million Tons
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Global corn production will be 932.11 million metric tons in the year starting July 1, Informa Economics Inc. said today in a report to clients.
Last month, the Memphis, Tennessee-based agricultural researcher forecast output at 918.599 million tons, up from an estimated 868.017 million harvested in the current year. The U.S. Department of Agriculture is scheduled to make its first estimate of this year’s harvest on May 10.