Sparks predicts that world wheat production will decrease
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Last Update: 2002-06-07
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Source: Internet
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Author: User
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Introduction: U.S data transmission network, June 6 news: sparks today lowered the world wheat production assessment They said lower production expectations in the US, China, Canada and Argentina were the reason for the decline Sparks currently forecasts world wheat production of 585 million tons, roughly in line with the international grain Commission's assessment in mid May, but below the USDA's forecast of 596 million tons on May 1 Many in the industry think production will continue to decline, sparks said Take the U.S forecast, which is based on data collected on June 1, but since then, production may have declined Sparks said that in view of the decline in wheat exports from Canada and Argentina, they increased the size of wheat exports from the United States to 15 million bushels.
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