Russian drought devours world wheat supplies: US

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Russian drought devours world wheat supplies: US
Washington (AFP) Aug 12, 2010 - The US government on Thursday cut its forecasts for global wheat production as Russia suffers its worst drought in decades. The US Department of Agriculture slashed its 2010-11 supply forecasts by around 2.5 percent from last month's estimates, on lower production from Russia, and the former Soviet Union. Worldwide wheat supplies are expected to drop by more than 15 million tons, with mo ... more

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