date:Jan 14, 2013
er from Australia to Europe parched fields.
The wheat exports that were coming from other parts of the world are not there to the same degree they were one or two months ago, so supplies globally will be coming more from the U.S., said Erin FitzPatrick, an analyst at Rabobank International in London. Theres still a lot of time to go ahead of the next harvest in the U.S., but the risks are high.
Bear Market
Wheat rose 19 percent last year on the Chicago Board of Trade, leading gains in the Sta