Date: September, 2009
Abstract: Northern Hemisphere wheat crop harvest is gathering pace and the Southern Hemisphere crop is now planted, providing a timely opportunity to look to the year ahead. Unfavorable seasonal conditions are threatening production quality in Europe and the Black Sea Region, while in the Southern Hemisphere Argentinean production may fall to its lowest level in 50 years.
However, any substantial rally in world wheat prices appears unlikely in the 2009/10 season as world stocks are forecast to build...
Research Type: Agri Commodity