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2017-18 Corn Season in the World

World Corn Production

International Grain Council, IGC; In its latest report dated October 26, 2017, world corn production, which was estimated to be 1,079 million tons at the end of 2016/17 season, was 5 million tons higher in July 2017 / June 2018 period, compared to 28 September 2017; announced that it expects to be realized at a million tons level.

World Corn Consumption

IGC; In 2017/18 period, world corn consumption, which he estimated to be 1,054 million tons at the end of 2016/17 season, is expected to be 9 million tons and 13 million tons higher than 2016/17 season and 1,067 million tons level in 2017/18 period.

World Corn Trade

Council: The world corn trade, which he estimated to be 138 million tons at the end of the 2016/17 season, foresees that it will be realized as 149 million tons in 2017/18, with 11 million tons higher than 2016/17 season and 1 million tons from the last forecast.

World Corn Stocks

IGC: At the end of the 2016/17 season, the world end corn stockpiles estimated to be 235 million tons in 2017/18 period, 5 million tons from the last foresight and 32 million tons from 2016/17 season, 203 million tons are expected to be realized.