Acreage Shows Little Change Nationally, NW Wheat Acres Mixed

USDA released its acreage report Monday.  When comparing this week’s numbers to March’s USDA planting intentions report and trade expectations for June, there weren’t many surprises.  Chief economist Seth Myer said both winter and spring wheat planted acreage were reported close to industry expectations, which was fairly ho-hum.  If there was anything in wheat that he would draw some attention to was on the stocks side.

“Wheat stocks were very much on the higher end of expectations," Meyer noted.  "But I have to say in line with WASDE expectations as well too. So, the trade having a slightly lower view of overall stocks, this stock number of all wheat stocks in line with WASDE expectations, but yet the industry was looking for a bit of a lower number.” 

As far as Northwest all-wheat planting numbers are concerned: 

• Washington reported 2.3M acres a slight increase from 2024
• Idaho reported 1.2M acres, a slight decrease from 2024’s figures
• Oregon reported 750,000 acres planted, a 10,000 acre year-over-year increase 

Meyer added corn and beans were right in the middle of trade expectations and not very far off of intensions.  He added if there was a surprise in the acreage report:

“We actually saw cotton area rise a little bit from March intensions about 2.6% and Texas driver of that 2.6% overall nationally moisture perhaps. Not for winter wheat, but for cotton. Moisture has been supportive in cotton acres.”

Click Here to read the entire acreage report.

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