date:Aug 02, 2013
slid to 23.3 million tonnes in 2012/13, the lowest in four years and down from 25 million tonnes a year ago, according to the U.S. Department of Agriculture. Output in 2013/14 is estimated at 24 million tonnes.
Shipments to Iran Unlikely
Traders said tighter domestic supplies would further jeopardise plans to export wheat to Iran under a 1 million tonne barter deal agreed last year that has been stymied by wrangling over details.
Shipments haven't taken place since last year and it is even mo