on May 19, 2008
USA: Wheat crop forecasts on the rise
USDA's all-wheat crop forecast is the largest in a decade
USDA's all-wheat crop forecast is the largest in a decade. The soft red winter wheat crop is up 54 percent compared to last year. Hard red winter wheat production is up five percent, while the white wheat crop is nine percent above levels a year ago. USDA forecasts a record world wheat crop this year, up eight percent from last year and five percent above the previous record.