Archive for May 3rd, 2013

Mounting concerns over dryness raised doubts over a forecast by US officials that Ukraine’s wheat harvest will rebound by 40% this year, underpinning 69% growth in exports.

The US Department of Agriculture’s Kiev bureau forecast that the Ukraine wheat harvest will hit 22.6m tonnes this year, up from 15.8m tonnes last year, and making it the third highest out of the last 20 years.

“Winter wheat plantings were almost unaffected by winterkill and thus overall wheat ...