Wheat values rise as global output continues to drop

Stocks, Caroline
September 2006
Farmers Weekly;9/8/2006, Vol. 145 Issue 10, p17
Trade Publication
The article focuses on the increasing price of wheat in Great Britain as a result of low global production of September 2006. National Farmers Union chief economist Carmen Suarez cites that the wheat output forecasts have been reduced from 603 million tonnes to 593 million tonnes. She states that the decline in production would not necessarily lead to a wheat shortage. Independent grain trader Robert Kerr cites that the price of feed wheat had increased by £3/tonnes to £80/tonnes.


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