date:Jul 15, 2014
World Agricultural Supply and Demand Estimates Report published on Friday 11 July shows global wheat supplies for 2014/15 raised 1.8 million tons with increased production more than offsetting lower beginning stocks. World production is raised 3.6 million tons to 705.2 million. This is down 9.0 million tons from last year but still the second largest production on record.
The biggest foreign increases are 1.6 million tons for the EU and 1.0 million tons for Ukraine both due to continued favorab