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1.81 billion bushels
- In 2023/24, U.S. farmers are estimated to have produced a total of 1.81 billion bushels of winter, spring, and durum wheat from a harvested area of 37.3 million acres, which is up slightly from last year’s record low.
www.ers.usda.gov/topics/crops/wheat/wheat-sector-at-a-glance/
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U.S. wheat imports for June 2023 through April 2024 totaled 128 million bushels, accounting for 91 percent of the marketing year projection. Imports for these 11 months are up 14 percent from the same period last year. There are no changes to imports by class. Imports for 2024/25 are unchanged at 120 million bushels.
Official U.S. wheat exports for June–October 2023, calculated with data from the Census Bureau, are estimated at 274 million bushels, 27 percent below the 375 million bushels during June–October 2022.
• U.S. wheat imports for 2023/24 are unchanged at 130 million bushels. Official U.S. wheat imports for June 2023 total 10 million bushels. • The 2023/24 season-average farm price is unchanged at $7.50 per bushel. The June all-wheat average farm price is estimated at $7.67 based on the latest USDA, NASS Agricultural Prices report. Table 1 U ...
Official U.S. all-wheat imports for June 2023–January 2024, calculated with data from the U.S. Department of Commerce, Bureau of the Census (Census Bureau), are estimated at 96 million bushels, up 17 percent from the same months in 2022/23.
- U.S. Wheat Classes
- U.S. Wheat Use
- U.S. Wheat Trade
- World Wheat Trade
Wheat is the principal food grain produced in the United States. The three primary varieties of the grain domestically sown are winter wheat, spring wheat, and durum wheat. Winter wheat varieties are sown in the fall and usually become established before going into dormancy when cold weather arrives. In the spring, plants resume growth and grow rap...
U.S. consumer demand for food products made from wheat flour is relatively stable and largely unaffected by changes in wheat prices or disposable income. However, demand is closely tied to population and changing consumer tastes and preferences. The strength of the domestic market for wheat developed from a historic turnaround in U.S. per capita wh...
Although the United States typically produces only about 6-7 percent of the world’s wheat, it is a major wheat exporter. While Russia and the European Union are the top world wheat exporters, the United States routinely ranks among the top five global wheat exporters. Rising global populations and incomes, especially in low- and middle-income count...
Since 2000, the United States, the European Union, Canada, Australia, Argentina, and the former Soviet Union (including the 3 major wheat exporters Russia, Ukraine, and Kazakhstan) accounted for nearly 90 percent of world wheat exports. Prior to 2000, these exporters combined to represent 95 percent or more of world wheat exports. Although a handfu...
Nov 24, 2023 · Official U.S. all-wheat imports for June–September 2023, calculated with data from the U.S. Department of Commerce, Bureau of the Census, are estimated at 51 million bushels, up 28 percent from the same months in 2022. • All-wheat exports for the United States in 2023/24 are projected at 700 million bushels, unchanged from the October forecast.
Note: For wheat and corn, global market share is calculated using the trade year export data, which is July/June for wheat, October-September for corn. For soybeans, local marketing year exports are utilized, except for Argentina and Brazil which are adjusted to an October-September basis.
