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Wheat| The International Grains Council has raised its forecast for global

November 4, 2016 9:45 AM |

The International Grains Council has raised its forecast for global wheat production in 2016/17 to 748 million tons up by one million tons from its September forecast of 747 million tones. Global wheat production in 2015/16 was 735.8 million tons. The IGC also forecasted 2016/17 global wheat ending stocks at a record 233 million tons.

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