date:Aug 14, 2013
The U.S. Department of Agriculture in its Aug. 12 World Agricultural Supply and Demand Estimates projected 2013-14 global ending stocks of wheat at 172.99 million tonnes, up slightly from the July projection of 172.38 million tonnes but down about 1% from 174.42 million tonnes estimated for 2012-13.
World wheat production for 2013-14 was projected at a record 705.38 million tonnes, up 7.58 million tonnes from July and up 50.11 million tonnes, or 8%, from 655.27 million tonnes in 2012-13. Global