Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 8/13/18


In its August Grain: World Markets and Trade report on Friday, USDA's Foreign Agricultural Service (FAS) stated that, "Combined wheat production in the European Union, Russia, and Ukraine is forecast down 12 percent from last year to the lowest level in 5 years. The EU wheat crop is down 9 percent from last year on hot, dry weather in the northern Member States, while production in Russia and Ukraine is down from recent bumper crops on a return to normal yields."

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