issn 1554 9089 office of the chief economist world agricultural supply and demand estimates united states department agriculture marketing service economic research farm agency foreign wasde 445 approved by outlook board april 10 2007 wheat us 2006 07 ending stocks are projected at 422 million bushels down 50 from last month due to increases in domestic use exports feed residual is raised 25 as march 1 indicated higher than expected december february quarter a small increase seed reflects winter seedings reported usda s 30 prospective plantings report 900 reflecting improved export prospects prices particularly for soft red more competitive market adjustments also made imports class range price unchanged 4 20 per bushel producers have marketed most their production limiting effect further movements on weighted season average global
