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Wheat Outlook: January 2012

  • by Gary Vocke and Olga Liefert
  • 1/17/2012
  • WHS-12a

Overview

U.S. wheat ending stocks for 2011/12 are projected slightly lower this month as reductions in expected domestic use mostly offset higher projected exports. Food use is projected 5 million bushels lower based on flour production data recently reported by the North American Millers' Association for July-September 2011.

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