date:Sep 14, 2012
The United States Department of Agriculture (USDA) Grain: World Markets and Trade report was released yesterday.
Global wheat trade is down 11% as a result of tightening supplies and higher prices, it said.
Supplies in most major exporting countries are tightening, with stocks expected to be down 15 million tonnes from last year, it added.
In the Black Sea region, overall wheat exports are anticipated to be half of last years total, with market share slumping to 14% from 25%. Tightened suppli