WASHINGTON, DC, US — The US Department of Agriculture in its July World Agricultural Supply and Demand Estimates projected the carryover of wheat on June 1, 2022, at 665 million bushels, down 105 million bushels from the June outlook and down 179 million bushels, or 21%, from 844 million bushels in 2021. The 2022 carryover as forecast would be the smallest since 2014.
The 2021-22 carry-in supply at 844 million bushels was down 8 million from the previous estimate. But standing ...
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2021