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Falling South American corn supply hits global grains outlook
Falling South American corn supply hits global grains outlook
  • Argentina's corn production forecast for 2023-24 has been revised downward to 46.5 million metric tons.
  • Brazil's corn output is projected to decrease by 7% in 2023-24.
  • Global corn supply is expected to reach a record high of 1.2 billion mt despite South American supply cuts.
June 4, 2024

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