The forecast of world wheat production to 2017/18 MG increased by 1.67 million tonnes to 744,85 million tons, according to the report of Ministry of agriculture of USA (USDA).

The production of wheat compared to 2016/17 MG (753,31) will be reduced by 8.46 million tonnes.

The volume of world wheat exports in 2017/18 MG is projected to be 180,03 million tonnes, 0.11 million tonnes more than forecast in August and 1.65 million t — 2016/17 MG (181,68 million tons ).

Imports of wheat according to analysts will remain the same as last month — 179,35 million tonnes, which is slightly different from 2016/17 MG (179,39 million tons).

Photo: agroinfo.com