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Showing posts from December, 2022

Does the US produce enough wheat for the United States?

         Overview Wheat is produced on the third most acres in the United States following corn and soybeans. In 2021, the United States produced 1.65 billion bushels of wheat on 37.2 million acres. The most wheat produced in a year in the U.S. was 2.5 billion bushels in 1998 and in 2008. The states with the largest area planted to wheat in 2021 were: Kansas (7.3 million acres), North Dakota (6.5 million acres), Montana (5.5 million acres), Texas (5.5 million acres) and Oklahoma (4.4 million acres). The average yield for wheat in the USA in 2021 was 44.3 bu per acre, with Arizona, California and Kentucky recording the highest yields. Production There are seven major classes of wheat grown and marketed in the USA. These are: hard red winter, hard red spring, soft red winter, soft white, hard white winter, hard white spring and durum. Each class has different end-uses, and their production tends to be region-specific (Table 1). Hard red winter and hard red spring ...

Why is the US wheat Commercial Sales down this year?

  The World Agricultural Supply and Demand Estimates gives the first look at USDA’s supply and demand expectations for the newest marketing year since the USDA Agricultural Outlook Forum in February. This is the highlight of spring USDA reports as it incorporates farmer planting decisions from the March Prospective Plantings report and adapts supply estimates to reflect weekly planting progress reports. The run-up to this report has been dominated by concerns about global grain and oilseed supplies for this year and next, prompted by both growing demand and disruptions of Black Sea supplies due to the Russian war on Ukraine. This Market Intel dives into the updated estimates of the current 2021/22 marketing year crop and looks at what may be in store for the 2022/23 marketing year, which starts in September. WHEAT Wheat planted acres in 2022/2023 are estimated at 47.4 million acres, an increase of 1.5% from 2021/22’s 46.7 million acres. Yield is estimated to be 47 bushels per acre,...