Strategie Lowers Grains Forecast
Thu Apr 17, 2014 06:34 AM CDT

(Dow Jones) -- Strategie Grains on Thursday slightly lowered its estimate of the European Union's 2014-15 soft wheat harvest by 500,000 metric tons, to 137.2 million tons, mainly because of lower acreage in Lithuania where there was higher-than-expected damage during the winter.

"The 2014-15 crop year will start in the EU with stock very close to that of 2013-14. Production remains forecast up by 2 million tons but it has been revised down by 0.5 million tons since last month to take account of winter damage in the Baltic countries and small adjustments to the wheat acreage in a number ...

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