As foreign production declines because of weather problems, U.S. wheat exports will increase by 200 million bushels this year, according to the August USDA world supply and demand estimate.
Dan Steiner, grain merchant for Pendleton Grain Growers and Morrow County Grain Growers in Boardman, said the USDA estimates of U.S. wheat exports are up by about 300 million bushels since the crop year began in June. That figure translates into 8.2 million metric tons, about half of the loss in Russian exports.