What is in this article?: - Crop shifts in China could influence
world wheat market - Soybean production down significantly •
Current trends in China’s crop situation indicate there is
growing internal competition for acres among the commodities.
That begs the question: How will China’s internal competition
impact the world wheat outlook? To the wheat industry, China is
like an elephant in the corner. Even though it is sitting
silently, it takes up the majority of the room and you cannot
ignore what might happen if it does something unexpected. China
is the world’s largest producer and consumer of wheat, yet it
currently plays a very minimal role in the world market. Any
change would have a significant impact on the world supply and
demand picture. Current trends in China’s crop situation
indicate there is growing internal competition for acres among
the commodities. That begs the question: How will China’s
internal competition impact the world wheat outlook? As in the
United States and many other countries,