date:Jul 04, 2013
y be more attractive.
Industrial use of wheat in 2013-14 was forecast at 20 million tonnes, up from 19 million tonnes in each of the three preceding years. Most industrial use is related to manufacturing of ethanol in the European Union.
World trade in wheat in 2013-14 was forecast at 138 million tonnes, unchanged from 2012-13 but down 7 million tonnes from the record 145 million tonnes in 2011-12.
The I.G.C. forecast world wheat ending stocks in 2013-14 at 181 million tonnes, up 2 million to