Wheat Demand

Wheat Demand

According to the item US wheat projected end vintage crop wheat ending stocks are now 976 million bushels and the biggest since 1987's 1.261 billion bushels. USDA estimates world wheat end stocks at 196 million metric tonnes, up 32 million metric tonnes vs 2008 and up from critical reduced historic grades of 121 mmt in 2007 which we have not skilled the likes of the 113 mmt in 1981.

The US is bathing in vintage crop wheat stocks (see days provide for starches and protein) and regardless of the detail household use is not up 2% as the USDA has ...