USDA Report: Wheat Snippets

Today's USDA report pegged world wheat production up slightly from last months report at 610.87MMT.

World ending stocks were increased from 136.2MMT to 139.9MMT.

The EU-27 wheat crop was seen at 147.2MMT, up from 143.17MMT last month, and the Australian crop revised down to 22MMT from 25MMT.

US 2008 all wheat production was unchanged at 2.462 billion bushels.