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The International Grains Council lowered the corn production forecast due to the low Argentine harvest

The International Grains Council lowered the corn production forecast due to the low Argentine harvest

In its monthly update, the intergovernmental organization analyzed the drop in global wheat production due to Argentina being affected by the leafhopper.

Reuters

He International Grains Council (ICC) cut its forecast on Thursday world wheat production for 2024/25, with a lower outlook for Russia and Ukraine, the main Black Sea producers, and reduced corn due to lower expectations in Argentina.

In its monthly update, the intergovernmental organization cut its forecast for the world wheat harvest of 2024/25, to 795 million.

Russiathe world’s largest exporter of wheat, will have a harvest of 85.5 million tons, compared to the 90.4 million previously expected, while Ukraine’s will fall from 24.5 million to 23.7 million.

The spring heat, combined with frost in the heart of the Russian growing region, has led forecasters such as IKAR and Sovecon to cut their forecasts for this year’s harvest. Frost has also caused damage in some areas of Ukraine.

The prospect of crop losses in the region Black Sea has contributed to the rise in world wheat prices this month, which on Wednesday they reached their highest level in 10 months.

leafhopper corn

Corn yield in Argentina has been affected by a serious infestation of leafhoppers.

Corn yield in Argentina has been affected by a serious infestation of leafhoppers.

Reuters

The cut in forecasts for corn

The CIC also cut its global corn production forecast for 2024/25 by 6 million tonnes, to 1.22 billion tonnes.

The Argentine corn harvest is expected at 54 million tons, compared to the 60 million previously forecast.

Corn yield in Argentina has been affected by a serious infestation of leafhoppers.

The causal agent of stunting of corn is Spiroplasma, a disease caused by the planthopper Dalbulus maidis, an insect three to four millimeters long, pale yellow in color and with two round black spots on the vertex of its head.

The impact of the pest affects the physiology of the plant, that is, it The arrival of nutrients and assimilation to the ears is difficult and impacts the filling of the grains.

Source: Ambito

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