date:Jul 31, 2012
lion tonnes, and Argentina will be see a drop of 14 per cent to 11.5 million tonnes.
By contrast North American wheat production is forecast to rise with the US expecting an 11 per cent rise and Canada a five per cent rise, producing a total of around 87 million tonnes.
With the large drop in production in the former Soviet Union countries, there is expected to be a shift in the market to the US and the EU for both feed and food grade wheat.
However, while wheat harvests in the US might be ex