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U.S.D.A. lowers wheat carryover 50 million bus
date:Feb 11, 2014
The U.S. Department of Agriculture in its Feb. 10 World Agricultural Supply and Demand Estimates forecast the U.S. carryover of wheat on June 1, 2014, at 558 million bus, down 50 million bus from 608 million bus as the January projection and down 160 million bus, or 22%, from 718 million bus in 2013. The forecast was below the average of pre-report trade estimates at about 602 million bus.

U.S. wheat ending stocks for 2013-14 are projected 50 million bushels lower as higher expected food use an

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