Winter Wheat Crop Expected To Be 25% Smaller This Year

The new crop marketing year took center stage Tuesday, as USDA released its crop production World Agricultural Supply and Demand Estimate reports, better known as the WASDE.

News of note includes lower U.S. corn production and ending stocks forecasted and a one-quarter increase in the season-ending average price.  More soybeans expected to be produced in our nation, but with lower year-over-year ending stocks, a $1 increase in the season-ending average price. 

In addition, USDA's first winter wheat production forecast for this year at 1.05 billion bushels.  That signifies a 25% decrease in production from 2025. Yield is also expected to be down 7.3 bushels from last year's crop.  A 14% acreage year-over-year reduction is forecasted for the 2026 winter wheat crop.

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