date:Apr 11, 2013
ebruary quarter as indicated by the March 1 stocks, the U.S.D.A. said. Feed and residual use is projected lower for hard red winter and hard red spring wheat, but declines are partly offset by higher expected feed and residual use for soft red winter and white wheat.
The U.S.D.A. 2013 wheat carryover was on target with the average expected by the trade that was near 731 million bus. Old crop wheat futures prices traded about 15@20c a bu lower shortly after the report was released at 11:00 a.m.