Tuesday, 10 February 2015

Global Wheat Harvesting 2014 and Projection for 2015

Winter crops in northern areas of the Globe, particularly, USA, Russia and Ukraine are looking promising following 2014.

The estimated harvest areas of wheat for 2014 along with projected values of 2015 are as follows.

As you ca see, India is the leader so far with EU being a close second.  Russia and China aren't far behind EU.

It is forecasted that factors such as rain and soil conditions will play a crucial role in 2015’s yield, especially in India and The United States. The six countries in above graph amounted to more than 63% of the total wheat globally according to estimated data from IGC.