WASDE report projects soybean exports upThere are no changes to the 2013 to ’14 U.S. all wheat supply and use projections this month. A 15 million bushel increase in projected hard red spring wheat exports is offset by a decrease for soft red winter wheat, with both changes reflecting the pace of sales and shipments. Projected ending stocks for both classes are adjusted accordingly. The projected season-average farm price for all wheat is up 10 cents on the bottom end of the range to $6.75 to $6.95 per bushel based on recent strength in prices.
By: U.S. Department of Agriculture,