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IGC raises wheat, corn, cuts soybeans 

IGC upped projected total grain ending stocks to 590.2 million tonnes

As the world’s supply of grain for 2023/24 was increased to 2.307 billion tonnes, the International Grain Council bumped its projections for wheat and corn, while trimming those for soybeans. 



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CBOT weekly outlook: Big surprises unlikely in S/D report 

Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says

Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year. 






Demand for Ontario wheat exports is expected to ramp up in the new year.

Global crop ending stocks for soybeans to drop in 2023-24

Crop planting problems in Brazil have generated concerns about total production in the new year

Statistics Canada released its final crop production estimates on Dec. 4. Corn production came in below expectations and below the September model-based survey. The adverse weather during harvest resulted in yield drag. Corn supplies will be tighter than expected in the latter half of the crop year. Quick lookSoybeans: 2023 production was higher than the […] Read more