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U.S.D.A. raises wheat carryover forecast 10 million bus
date:Dec 11, 2013
The U.S. Department of Agriculture on Dec. 10 made only minor adjustments to its 2013-14 supply and demand forecasts for wheat. The U.S.D.A. forecast the U.S. wheat carryover on June 1, 2014, at 575 million bus, up 10 million bus from the November projection but down 143 million bus, or 20%, from 718 million bus in 2013. The December forecast exceeded the average of pre-report trade projections at around 553 million bus.

The U.S.D.A. raised its carryover forecast in response to forecast heavier

12/22 23:08