Positive outlook for 2016 global grain production points to ‘comfortable’ supply and demand situation.

Wheat forecast raised to 748 million tonnes from 747 million tonnes a month ago.

Grains production forecast at an all-time high.

Would be fourth year in a row of increases.

IGC says total world production of wheat and coarse grains will hit a record high in 2016-17.

IGC: Global flour exports in 2016-17 to reach new peak for third year in a row.

Total grains production projection also raised

The International Grains Council has expanded in many ways under the leadership of Executive Director Etsuo Kitahara.

Speakers discuss trade policies, other issues at 2016 IGC Conference in London, England.

Despite strong anticipated demand, a further accumulation of world carryover stocks seen as probable.