date:Mar 04, 2016
FAO expects wheat production to drop in the next season because farmers in Ukraine and Russia, two of the top exporting countries, reduced planting of winter crops because of dry weather.
There may be a drop in the Black Sea area, and particularly in Ukraine, Abdolreza Abbassian, a senior economist at the FAO in Rome, said by phone. Still, the decline is not that big of a drop, when you have such big stocks. Large supplies remain out there.
Wheat production in the past season totaled 733 mill