USDA sees winter wheat crop falling by one-quarter; soybeans also down

Record-low planting of winter wheat and recent reports on harvests and yields “indicate a sharp decline in winter wheat production” in 2017/18, according to the USDA’s Economic Research Service. The May Wheat Report projected a 25 percent fall in production of U.S. winter wheat, the mainstay for milling flour for bread and pastries. It said that… » Read More

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