LONDON, Sept. 26 – The International Grains Council (IGC) has reported in its September report that following upward revisions for Russia, Ukraine and Australia, world wheat production in 2011/12 is forecast 2 million tons higher than last month, at a near record 679 million, which is 28 million higher than last year production (651 million).
The report says that the projected trade with wheat in the world remained unchanged at 128 million tons. Carryover stocks projections were revised upwards to 193 million tons in September from 191 million tons in August.
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