date:Apr 10, 2014
The U.S. Department of Agriculture in its April 9 World Agricultural Supply and Demand Estimates forecast the U.S. carryover of wheat on June 1, 2014, at 583 million bus, up 25 million bus, or 4%, from the March projection of 558 million bus but down 135 million bus, or 19%, from 718 million bus in 2013. The forecast was slightly above the average of pre-report trade estimates of about 581 million bus.
U.S. wheat ending stocks for 2013-14 are projected 25 million bus higher with lower imports m