Strategie Grains Ups EU Grain Crop 4MMT

Strategie Grains has increased it's estimate for the 2008 EU grain crop to 299.7MMT, up 4MMT from last month's estimate of 295.7MMT.

They have now increased the crop 8.7MT in the last two months.

Wheat production is revised up 2.2MMt to 133.9MMT although they note that recent rains could have a negative impact on quality.

Corn production is revised up 1.1MMT to 59.7MMT.