World wheat harvest reaches 80%.

According to an article in Southwest Farm Press, 80% of the world's wheat harvest has been completed by September 1st. The remaining 20% will be harvested in the Southern Hemisphere. Australia and Argentina, although producing only 6% of the world's wheat, are projected to export 15% of world wheat exports, making them influential players in the export market. The article also discusses projected wheat prices and stocks-to-use ratios, noting that current wheat prices are below projected prices. The article concludes that export demand is the main factor that could cause higher wheat prices. [Extracted from the article]