wheat production

The most recent U.S. Wheat Associates “Winter 2021 Wheat Supply and Demand Outlook” indicates the 2020-2021 marketing year set several records. For example, the USDA expects global wheat production to reach 773 million metric tons on increased annual production from some of the world’s top exporters. Steve Mercer, V ...

The global wheat supply continues to move higher. "We increase world wheat production again by about 1.3 million tons and that would put global production at a new record," said World Agriculture Economic Outlook Board Chair, Mark Jekanowski ...

USDA estimates that the U.S. will export 26.5 million metric tons of wheat in the 2020-2021 marketing year, which if realized would be 1% of the 2019 pace. However, four months into the marketing year, total U.S. wheat commercial sales are 12% ahead of last year’s pace at 16.8 mil ...

Even though American wheat growers will likely see a 4 % year over year drop in the crop size, those growers are still likely to see a cut in average prices because they're driven heavily by international supplies. USDA's Outlook Board Chairman, Mark Jekanowski, said that the world wheat supplies are likely to be about 2% larger this year than last ...

Last week, the USDA announced the addition of several commodities to Coronavirus Food Assistance Program. The USDA also hinted that additional commodities may be added to the CFAP list in the coming weeks. Currently, durum and hard red spring wheat classes are covered under CFAP while hard red winter, soft red winter, and soft white wheat classes are not currently covered ...

When taking a look at the latest national wheat production numbers, the USDA reported a 1% increase from May numbers. "High increase in production in the mass crop production report this month," said World Agricultural Outlook Chair, Mark Jekanowski ...

Wheat producers could see average wheat prices a little higher in this upcoming marketing year.  The winter wheat crop looks to be smaller for 2018, the USDA is predicting that overall wheat production will increase 5% this year.  Survives of the winter wheat crop leading to a production forecast of just under 1.2 billion...

The most recent forecast of wheat production in the Northwest shows declines in acreage, bushels, and apart from Oregon, yields per acre.   Production will drop by more than 425 million bushels in Washington, Oregon and Idaho with all four classifications of winter wheat dropping.  ...

Wheat growers have been reducing acreage for a while now, and a USDA forecast shows that trend will likely continue.   Analyst David Stallings said plantings could drop below 50 million acres and stay there.   “We don’t see much opportunity for growing demand in the United States unless our population doubles which we think is extremely unlikely to happen.”   And with a ...