date:Mar 06, 2013
s supply prospects have been boosted because melting snow across the U.S. Plains has provided soil moisture to the drought-stricken winter crop.
A forecast of higher production in Australia is also weighing on global wheat prices.
India lifted a four-year-old ban on wheat exports in September 2011 by allowing private traders to ship out the grain, followed by orders for exports from government stocks.
The government, which had to ban exports in 2007 to keep a lid on domestic prices and bolste