Tillage
The IGC cut its global wheat production forecast last week by 5.6 million tonnes, bringing the global wheat forecast to 762 million tonnes.
Amy Reynolds of the IGC stated that demand uncertainty could be one of the main factors affecting grain markets in the coming months.
Agri-Business
Unsettled might be a word to describe grain markets this week. LIFFE wheat climbed all week from a low of £129.75/t on Monday.
Agri Politics
World grain production is expected to reach record highs of 2,084m tonne during the 2016/2017 harvesting year, according to the International Grains Council (IGC).
