* Grain and wheat stocks dropped to the lowest level since 2013/14 on rapid exports
• Wheat market flat, puzzled about the new crop
• Spring wheat area could be above expectations
• Crop conditions improve on more rains
I am the Managing Director of SovEcon, a leading firm focused on the Black Sea agricultural markets research. For 27 years we have been forecasting crops and exports, assesing stocks and consumption and looking at other key price drivers. Every day we talk to farmers, traders and officials gathering market intelligence and sorting out the market noise.