global wheat outlook

A somewhat quiet January outlook on both U.S. and world wheat.   “Global consumption was reduced about 600,000 tons," noted USDA World Agricultural Outlook Board chairman Mark Jekanowski.  "Feed use, a component of that, was reduced 100,000 tons. Trade, we redu...

The USDA’s monthly wheat outlook shows an expected jump in export forecasts because of weaker exports from Russia and the European Union.  Wheat shipments will total 850 million bushels in the 2024-2025 marketing year that ends on May 31st.  That’s up fro...

Wheat growers across Europe have dealt with some unpleasant weather this year, and because of that, the USDA has lowed its projections for EU wheat production.  But despite that drop, :"when you add it all up across all of the major producers, we're looking at record large global production,” noted USDA Outlook chairman Mark Jekanowski.  He added that...

Despite lower U.S. wheat production forecasted this month, the world is still expected to grow a record wheat crop this new marketing year.   “We raised our production forecast by 2.1 million tons this month.  So now we're looking at 798.3 million tons ...

Despite USDA's recent adjustment upward in global wheat production from December, when it comes to year over year forecast, the Department reported a decrease around 30 million metric tons.  World Agricultural outlook Board Chair Seth Meyer said the primary change on the global wheat outlook was in forecast for Russian crop production.  ...