出版社：U.S. Department of Agriculture * Economic Research Service
摘要：U.S. wheat ending stocks for 2008/09 are projected 57 million bushels higher this month
with higher projected imports and lower expected domestic use and exports. Imports are
raised 10 million bushels reflecting the strong pace to date. Food use is projected 25
million bushels lower based on the latest mill grind data from the U.S. Census Bureau.
High extraction rates for 2008-crop wheat have reduced the amount of grain needed to
produce flour and lower per capita consumption is reducing demand for flour. Seed use
is lowered 2 million bushels reflecting lower expected 2009-crop acreage. Exports are
projected 20 million bushels lower as increased exports by major competitors limit
opportunities for U.S. wheat. Lower projected exports of hard red winter, hard red
spring, and durum wheats are only partly offset by an increase for white wheat. The
projected season-average farm price is unchanged at $6.70 to $6.90 per bushel.
