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U.S.D.A. raises wheat carryover forecast 10 million bus
date:Dec 11, 2013
with soft red winter wheat exports raised 5 million bus and hard red spring wheat exports lowered an offsetting amount.

The U.S.D.A. added, The 2013-14 projected season-average farm price is lowered 10c at the midpoint with the range narrowed to $6.65@7.15 (from $6.70@7.30) as near record world supplies and increased export competition reduce price prospects for U.S. wheat. The average farm price was $7.77 a bu in 2012-13 and $7.24 in 2011-12.

12/22 23:09