International Grains Council Update

Grain

In its latest update the International Grains Council has revised down its forecast for US soya (beans & meal) exports in the 2015/16 (Oct-Sep) harvest year by 1.5 Mt to 57.5 Mt. Meanwhile, Brazil's 2015/16 (Jul-Jun) corn export forecast has been revised up by 2.4 Mt, which would mark an annual gain of 6.8 Mt if realised.