date:Dec 18, 2013
were below expectations. The USDA inspected 25.1 million bushels for overseas shipment last week, below the 33 million to 38 million forecast by analysts, the agency said in a Monday report.
Wheat fell on signs of slack demand for U.S. supplies as global production increases. Egypt last week bought French and Romanian wheat, shunning inventories from the U.S., the world's biggest exporter.
The USDA inspected 17.6 million bushels for export last week, down from 19.8 million in the prior seven