Senin, 16 Mei 2011

Wheat Update and Outlook

The USDA's Wheat Outlook report mentions high corn prices as displacing wheat acreage a number of places around the globe even though wheat prices are also high. The report is counting on favorable weather in Russia, the Ukraine, and Kazakhstan to pick up the slack from lower production in other areas. That is concerning, as this area is prone to droughts. Next, please find highlights from the