World wheat production

Another addition to a record world wheat production forecast for the current marketing year. But where is the additional 300,000 metric tons of wheat coming from? Not high wheat producing Idaho. DS with World Agricultural Outlook Board Chair Mark Jekanowski Mainly, that reflects higher production estimates for Ukraine and Kazakhstan, both based on official data for Kazakhstan, that would be their second largest crop ever. Speaker 1: World Agricultural Outlook Board Chair Mark Jakosky says this offsets a lower production forecast for Australian wheat, although that comes in as the third largest crop for that nation. Speaker 2: The rest of the balance sheet for global wheat supplying use relatively modest changes. They're small changes in global trade up to 200,000 tonnes this month, ending stocks for global wheat down a little bit this month, but still at a five year high. Speaker 1: The only change to the domestic wheat balance sheet this month, a one nickel increase in the season ending average price now at $4.95 a bushel.