IGC Grain Stocks Report
International Grains Council (IGC) first grain market report of 2023 revealed a trend continuing from previous year. Global carryover stocks for total grains (wheat and coarse grains) fell 3 million tonnes from the previous forecast to 577 million tonnes, an eight-year low. The report also noted that the stocks-to-use ratio of 25.3% is the tightest since 2012-13.
Interested in trading commodities or futures? find out more by contacting us today. Create Login (rjobrien.com)