The Food and Agricultural Organization has scaled up its estimate for global wheat production in 2017-18 to 743.2 million tonne from 740.4 million tonne projected earlier. While output is likely to rise in the European Union and North Africa, it is expected to fall in North America, Russia and Australia. The estimate for overall supplies was raised to 990.6 million tonne from 980.0 million tonne a month ago due to an increase in global stocks. Global wheat stocks in 2017-18 are estimated at a record high of 257.4 million tonne, up from 247.6 million tonne projected in May. The highest share in global stocks would be China at 108.5 million tonne. The FAO has cut its estimate for global wheat trade in 2017-18 to 171.0 million tonne from 170.0 million tonne due to lower imports from Asia and Africa.