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- ABARES increased its forecast for wheat production in 2024/25 to 29.1 million mt. This reflects a 12 percent increase from last year and a 10 percent increase over average. The increase was driven by good growing conditions in Queensland and NSW. Meanwhile, wheat exports are expected to decline by 13 percent year-over-year to 19.9 million mt.
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Sep 9, 2024 · Wheat utilization in 2024/2025 lowered, largely due to official historical revisions in China, now standing 0.6 per cent below the 2023/2024 level. Trade in 2024/2025 (July/June) is still set to decrease below 2023/2024 despite an upward revision reflecting stronger anticipated demand from the EU, and larger shipments from Kazakhstan and the U.S.
- Wheat Market Outlook – July 2, 2024 - Sask Wheat
ABARES increased its forecast for wheat production in...
- Wheat Market Outlook – July 2, 2024 - Sask Wheat
Jul 22, 2024 · Pulses and Special Crops. This report is an update of Agriculture and Agri-Food Canada’s (AAFC) June outlook report for the 2023-24 and 2024-25 crop years, based on information available up to July 15, 2024.
Global wheat production in 2024/25 is forecast down 7.4 million metric tons (MMT) but remains a record 790.8 MMT (figure 4). The largest month-to-month change is a large reduction in Russia’s crop, along with smaller decreases for the European Union (EU), Ukraine, and the United Kingdom.
Mar 6, 2024 · The USDA Grains and Cereals Outlook put U.S. 2024/25 production at 51.7 MMT. Weather remains generally warm in the U.S. Plains, helping winter wheat transition from dormancy. EU – The EU planted area sits at a four-year low, down 3% to 23.3 million hectares. Wet fall weather inhibited some farmer’s ability to plant in France, Germany, and Poland.
ABARES increased its forecast for wheat production in 2024/25 to 29.1 million mt. This reflects a 12 percent increase from last year and a 10 percent increase over average. The increase was driven by good growing conditions in Queensland and NSW.
Winter Wheat Seeded Area for 2024/25 Harvest The Winter Wheat Seedings Report put preliminary winter wheat acreage estimates at 34.4 million acres, down 6% from 2023 but still 4% ahead of the five-year average.
Sep 16, 2024 · The smaller EU crop comes in a season when Russia and Ukraine are forecast to have lower production compared with last year. Reduced competition from these major exporters is a key contributor to expectations of strong year-to-year growth in U.S. wheat exports in 2024/25.
