Thursday, February 10, 2011

world wheat price Forecast about good yield in country cuts

world wheat price Forecast about good yield in country cuts : Wheat futures on the world market fell in prices, having replaced a recent rise following information that winter wheat in Ukraine was not hit by frosts. This information became a signal that the country could export the grain volumes stated earlier.

Earlier, UkrAgroConsult agency confirmed its forecast on grain production in 2011 in Ukraine at 46.23 million tons (21 million tons of wheat, 11.7 million tons of corn and 11 million tons of barley). Ukraine is the world's fifth wheat exporter following the USA, the EU, Canada and Australia.
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