USDA Cut Indian Wheat Production Estimate

The USDA has cut it's estimate for Indian wheat production for 2010 to 79 MMT from it's previous estimate of 82 MMT.

“The initial optimism regarding the 2010 wheat crop following favourable growing conditions through mid-March was tempered by a sudden significant rise in temperature, which affected proper grain development, lowering yield prospects,” they said.

Extreme heat during March and April in northwest India damaged maturing wheat in Uttar Pradesh, Punjab and Haryana the report said.