(Bloomberg) -- U.S. farmers will harvest more winter
wheat than the government forecast a month ago as wet weather in
the Great Plains helped plants overcome freeze damage in early
April, analysts said.
The U.S. Department of Agriculture on June 11 will project a
crop of 1.639 billion bushels, up 1.4 percent from its May
forecast, according to the average estimate of 12 analysts
surveyed by Bloomberg. A crop of that size would be 26 percent
bigger than last year and the largest in four years. The forecast
is the USDA's second based on a field survey.
Read more at Bloomberg Commodities News
wheat than the government forecast a month ago as wet weather in
the Great Plains helped plants overcome freeze damage in early
April, analysts said.
The U.S. Department of Agriculture on June 11 will project a
crop of 1.639 billion bushels, up 1.4 percent from its May
forecast, according to the average estimate of 12 analysts
surveyed by Bloomberg. A crop of that size would be 26 percent
bigger than last year and the largest in four years. The forecast
is the USDA's second based on a field survey.
Read more at Bloomberg Commodities News
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