BRUSSELS, BELGIUM — COCERAL, a European association that focuses on agricultural trade, lowered its production forecast to 296.7 million tonnes in its latest projections for the 2023 European Union (EU) total grains crop, compared to its previous estimate of 303.5 million tonnes in March.
It said the main reason for Read More
Much of the eastern Corn Belt is currently experiencing drought. Dry conditions have been parked in the western region even longer. Low subsoil moisture is a concern, and short-term dryness is compounding the issue.