International Wheat Market Report 24th May 2019

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The initial outlook for 2019/20 U.S. wheat is for larger supplies, higher domestic use, lower exports, and larger stocks. Supplies are increased by 41 million bushels year to year with higher carry-in stocks and larger production. The 2019/20 U.S. wheat crop is projected at 1,897 million bushels, up less than 1 percent from last year as a higher yield

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