USDA – 20/21 World Wheat looking more bearish

The USDA has published its latest outlook which sees world wheat production increase by a sharp 5.7 mmt plus a slight increase in opening stocks.  India production has increased by 4.9 mmt and Australia is up 2.0 mmt – both based on government statistics.  Turkey and China are both up by 1.0 mmt and these […]