Wheat Trade More Bullish Even as Bear Market Begins
date:Jan 14, 2013
ent of Agriculture may cut its forecast for domestic inventories in a report today, according to a Bloomberg survey of analysts.

Dormant U.S. winter-wheat crops are in the worst condition since records began in 1985, according to the USDA, which said Jan. 9 that 597 counties across 14 states were disaster areas because of the drought. That may curb output in the biggest exporting nation at a time when the agency is predicting the smallest global inventories in four years by June after dry weath
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