Private analytical company Informa Economics estimated U.S. winter wheat production for 2013 at 1.494 billion bushels, down from the firm's May forecast of 1.529 billion, trade sources said Wednesday.
Informa forecast Brazil's soybean production at 82 million metric tons, 15.6 million metric tons above last year, but unchanged from last month. The company pegged Brazil's all corn production at 78.5 million metric tons, 2.2 million above Informa's previous forecast.
For Argentina, Informa estimated soybean production at 50 million metric tons, down 3 million from Informa's previous estimate. Argentina's corn harvest is forecast at 25.5 million metric tons, unchanged from last month.