Brazilian Maize prodution up.

Celeres is projecting total Brazilian production at 97.71 MMT, up from the drought depressed 73.89 MMT last year. The trade average is 94.23 MMT according to composite of several surveys. The average to 2017/18 corn ending stocks is 2.189 billion bushels, but the range is all over the place at 1.8 to 2.5 billion.