出版社:U.S. Department of Agriculture * Economic Research Service
摘要:Projected U.S. wheat ending stocks for 2008/09 are raised 20 million bushels this month
on higher imports and lower food use. Wheat imports are projected 10 million bushels
higher as abundant foreign supplies of feed quality wheat and extremely low oceanfreight
rates provide incentives to import wheat for domestic feeding. Wheat food use is
projected 10 million bushels lower based on the latest mill-grind data from the U.S.
Census Bureau. High flour extraction rates are limiting year-to-year growth in wheatmilling
use. By-class changes to imports and exports are also made this month reflecting
the pace of shipments to date. The all-wheat season-average farm price is projected 15
cents lower on both ends of the range to $6.40 to $7.00 per bushel.