Supply & demand issues could push wheat prices higher
Deteriorating prospects for US corn (maize) production from the 2012 harvest, combined with concern over possible reductions in wheat supplies from traditional areas such as the Black Sea due to lower yields and restrictions on exports, could push wheat prices even higher, according to Offre & Demande Agricole.European market leader in the provision of independent grain market intelligence services to the farming and agri-food industry, the company says that commodity markets are nervous in anticipation of United States Department of Agriculture (USDA) supply and demand figures to be