US drought hits global grain outlook: FAO
Paris (AFP) July 5, 2012
Drought in the United States affecting mainly corn crops will cut
forecast world production of grain this year by 23 million tonnes to
2.396 billion tonnes, the Food and Agriculture Organization said on
Thursday.
Grain market sources in Paris said that drought was also holding back
crops in southern Russia and around the Black Sea.
The FAO cut its forecast for output from the last estima
Drought in the United States affecting mainly corn crops will cut
forecast world production of grain this year by 23 million tonnes to
2.396 billion tonnes, the Food and Agriculture Organization said on
Thursday.
Grain market sources in Paris said that drought was also holding back
crops in southern Russia and around the Black Sea.
The FAO cut its forecast for output from the last estima
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