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Corn production for the 2016-17 market year has been raised 6.1%, to 26 million tonnes, according to the FAS.
The forecast for total consumption of corn also was raised, to 38.1 million tonnes from 36.9 million tonnes in 2015-16. The FAS said indications are that feed consumption likely will shift from sorghum to corn.
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“Favorable weather conditions in rain-fed areas, mainly in Campeche and Tabasco, and consequently improved yields, have contributed to increase the production estimate,” the FAS said. “In addition, in Campeche approximately 33% more acreage was planted than the same crop cycle a year earlier.”
Meanwhile, wheat harvested area and production estimates for the 2016-17 market year were revised downward from earlier USDA estimates. Area harvested was forecast at 712,000 hectares, down from an earlier forecast of 720,000 hectares, while production was forecast at 3.863 million tonnes, down from an earlier estimate of 3.9 million tonnes.