World’s Record Wheat Crop Seen Bigger by AMIS, Corn to Rebound
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Global wheat production, already seen climbing to a record, will be higher than predicted last month on good prospects in all major growers except the U.S., according to the Agricultural Market Information System.
Farmers worldwide will reap 704 million metric tons of the grain in 2013-14 from 659 million tons in 2012-13, according to an online report from Rome-based AMIS, which was set up by Group of 20 countries. The outlook was raised by 2 million tons.