KIEV, July 23 - The United States Department of Agriculture (USDA) in its latest July forecast, cut expectations of the wheat harvest in Ukraine in 2007 from 14 million tons to 13 million tons.
According to the document, the forecast for wheat exports in this marketing year (July 2007- June 2008) was cut from 2.5 million tons to 1.5 million tons, while wheat in stock will remain at around 2.2 million tons.
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