date:Feb 11, 2014
ut up 24 million bus, or 15%, from 165 million bus in 2013. The white wheat carryover was forecast at 49 million bus, down 10 million bus from the previous projection and down 14 million bus from 2013. The durum carryover was forecast at 26 million bus, unchanged from January and up 3 million bus from 2013.
The U.S.D.A. forecast the average farm price of wheat in 2013-14 at $6.65@6.95 a bu, which compared with a range of $6.60@7 a bu projected in January and with $7.77 a bu in 2012-13.
The U.S