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As a result of favorable weather conditions, 2016 rice production (including feed rice) is estimated to increase slightly despite reduced planting area.
Based on the officially reported data on grain harvest progress, FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2014/15 by 2 million metric tons (MMT) to 101 MMT.
Post corn production forecast is one million MT, or eight percent below the USDA projection in marketing year (MY) 2016/2017. Less production will boost corn imports, forecast up to 2.19 million MT...