date:May 12, 2014
The U.S. Department of Agriculture in its May 9 World Agricultural Supply and Demand Estimates projected 2014-15 global ending stocks of wheat at 187.42 million tonnes, up 890,000 tonnes from 186.53 million tonnes estimated for the current year. It was the departments initial projection for 2014-15.
The U.S.D.A. 2014-15 ending stocks projection was above the average trade expectation near 184 million tonnes.
World wheat production for 2014-15 was projected at 697.04 million tonnes, compared wi