http://www.agrimoney.com/news/china-wheat-crop-estimate-10m-tonnes-overstated–5175.html

“China Wheat Crop Estimate ’10m tonnes overstated’ ”

It seems interesting that China overstated for 2012 wheat harvest. Government of China pointed out that they need to control the price of food market. But this news shows that Chinese government meet a challenge because the disease shock and resulted in the lower production. Then price of wheat goes up, may lead a higher world market price because China is a “big” country in wheat world market.

It is no doubt about that Chinese gov. need to think how to control the food price now because of the supply reduction.