date:Oct 13, 2012
t harvest at 10.8m tonnes, below the USDA figure of 11.5m tonnes.
Separately on Thursday, the Buenos Aires grains exchange forecast an Argentina crop of 10.12m tonnes, citing flooding which has hit in particular the main wheat producing Buenos Aires state.
'Increasingly concerned'
Societe Generale's supportive comments for wheat prices reflected the prospect of import demand shifting to the US now former Soviet Union supplies are running dry.
Global cash prices continue to converge and we co