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Maize| Global maize production to drop by 3.4 per cent

February 10, 2016 9:53 AM |

Global maize production to drop by 3.4 per cent to 974.9 million metric tons compared to 1008.7 million metric tons last year. Maize prices are expected to recover from multi-year low on lower production estimates in US, European Union, Brazil, Argentina and Ukraine. However, recovery is likely to be gradual and moderate due to higher ending stocks.






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