Monday, 7 March 2011
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USDA says wheat production, stocks to fall
U.S. wheat acreage will increase this year, according to Michael Jewison of the Foreign Agricultural Service. Jewison presented the 2011 Grain and Oilseeds report at USDA's Agricultural Outlook Forum late last month. USDA currently estimates 2011/12 wheat acreage at 57 million acres, a six percent increase from last year. USDA noted that the increase in demand for U.S. wheat due to limited
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