WASHINGTON, DC, US – The US Department of Agriculture on May 12, in its initial wheat supply-and-demand forecasts for 2021-22 as presented in the May World Agricultural Supply and Demand Estimates report, projected the carryover of wheat on June 1, 2022, at 774 million bushels, down 98 million bushels, or 11%, from an upwardly revised 872 million bushels forecast for 2021 and compared with 1.028 billion bushels in 2000. If the forecast is realized, the 2022 carryover would be the ...
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2021