date:May 26, 2014
ojected lower than last year due to adverse weather in Hard Red Winter wheat growing areas.
Global Wheat Consumption
Global consumption is expected to decline marginally as corn continues to displace wheat in feed rations. Global ending stocks are forecast to rise marginally to 187 million tons.
Exporter ending stocks, on the other hand, are nearly unchanged; a decline in the United States and Canada is mostly offset by gains in the EU and Russia.
Global trade is projected down from last yea