Informa have cut its usa winter wheat plantings forecast by another 1.66 million acres down to 33.761 million acres. The previous estimate of 35.421 m acres was already going to be the smallest winter wheat plantings in over 100 years so thats a pretty big cut. Its clear farmers arnt willing to grow wheat at current prices. Still heaps of wheat in the world but do expect that will tighten in the next 12 months. http://m.agrimoney.com/marketreport...es-rally-on-cut-to-us-sowing-hopes--3852.html
