Archive for May 13th, 2021

USDA forecasts lowest wheat carryover in seven years

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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US winter wheat output forecast up 10% in 2021

WASHINGTON, DC, US — In the first survey-based projection of the 2021 crop, the US Department of Agriculture in its May Crop Production report forecast winter wheat production in 2021 at 1.282 billion bushels, up 111.903 million bushels, or 10%, from 1.171 billion bushels in 2020.

The USDA winter wheat forecast was based on a harvested area projected at 24.612 million acres, up 7% from 23.024 million acres in 2020, and an average yield forecast at 52.1 bushels per acre, up ...

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