11.04.2012 - Wheat seen declining as stockpiles expand to record: Commodities
Wheat prices are falling for a second year as a glut of supply expands global stockpiles to an all-time high and farmers prepare to reap the third-biggest harvest on record. Inventories will gain 7.1 percent to 210 million metric tons this year and output in the next year of 681 million tons will have been exceeded only twice in history, the London-based International Grains Council predicts...............................................Full Article: Source
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