Mumbai, Aug. 25 -- International Grains Council or IGC stated in a latest monthly update that at 2,404 million (m) tonnes(t), the 2025/26 world total grains (wheat and coarse grains) production forecast is raised by 27m m/m (month-on-month). The unusually sharp revision mainly reflects upgraded US maize area and yield projections, but with relatively smaller increases too, for wheat, sorghum and oats. Changes to grains use absorb more than half of the supply gain, including increases for feed and industrial uptake. With larger supply compared to the July GMR, and also taking account of bigger opening inventories, the projection for global closing stocks (aggregate of respective local marketing years) is up by 16 mt m/m, to 597m. The outlook...
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