global wheat supply

The global wheat supply continues to move higher. "We increase world wheat production again by about 1.3 million tons and that would put global production at a new record," said World Agriculture Economic Outlook Board Chair, Mark Jekanowski ...

When looking at the most recent WASDE report, what were some of the biggest changes when it came to the global wheat supply? "Basic story is that world production is down this month quite a bit relative to where we expected it to be last month and that reflects reductions in our expectations of production in the EU, in Russia, and Northwest Africa," noted World Agriculture Outlook Boar