date:May 26, 2014
global wheat production is projected to reach 697 million tons, down from the 2013/14 record.
Black Sea regional production is down, particularly Ukraine, but exportable supplies are still ample. In the Middle East, Syria and Turkeys wheat crops are reduced because of drought.
In North Africa, Moroccos production is down significantly from last year, but Algeria, Tunisia, and Egypt all have larger crops. South America is projected to recover, boosting supplies in the region.
The US crop is pr