Burnett feels the USDA's production numbers are five million tonnes too high for Canada and three to four million tonnes overstated for Australia. | Ed White photo

World may be facing wheat shortage this year

Wheat is finally becoming a “sexy” crop after years of being the ugly duckling, says an analyst. Stephen Nicholson, global grains and oilseeds strategist for Rabobank, said a series of supply side threats is making things exciting. Canada’s crops are withering in the fields. MarketsFarm is forecasting 30.4 million tonnes of all wheat production, well […] Read more