Friday, June 4, 2010
World Wheat Production Update
China expects its winter wheat harvest to be slightly higher than last year.
Ukraine’s wheat exports have taken a major drop in the month of May. Exporters have slowed sales due to tight stocks. Ukraine’s wheat production is expected to drop 18.0 MMT this year.
Qatar announced plans to increase production on its domestic farmland.
Good rains have aided the crops in Germany and Spain.
A lengthened dry spell has put stress on the crops in France and the United Kingdom.