Trade estimate has been also revised up to 159 MMT from 156 MMT. Consumption estimate too has been revised up to 727 MMT from 720 MMT. Higher production estimated despite increased consumption would push carry over stock up by 2 MMT to 228 MMT. International Grain Council has revised global wheat production estimated up by 6 MMT to 735 MMT.
Information source: www.skymetweather.com
