WSJ: U.S. Cuts Global Grain Supply Outlook; Higher Prices Expected at Grocery Stores
WSJ: “Evidence of tightening global food supplies grew as the U.S. Agriculture Department cut its estimates for global harvests of key crops [see USDA Wheat Data and USDA World Agricultural Supply and Demand Estimates] and ]and raised some demand forecasts, adding to worries about rising food prices…Prices of many agricultural commodities are still below the …