Agriculture, U: Wheat Situation -

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Résumé :
Excerpt from The Wheat Situation: October, 1962

Domestic disappearance for 1962 - 63 is now estimated at 605 million bushels, which is about average. Exports are expected to reach 600 million bushels, substantially below the record level that prevailed in 1961-62 and the previous record a year earlier. This is because of the near-record world wheat cr0p expected in 1962 - 63. Oh the basis of these estimates, a carryover of about l,2oo million bushels would result on July 1, 1963. A carryover of this size would be about 100 million bushels below that on July 1 this year and would be the second consecutive reduction.

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