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    • 1.66 billion bushels

      • U.S. wheat production for the 2023/24 marketing year is forecast at 1.66 billion bushels, up 1 percent from the previous year, but down 7 percent from the recent 5-year average of 1.788 billion bushels.
      www.ers.usda.gov/webdocs/outlooks/106544/whs-23e.pdf?v=128
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  2. 1 day ago · The October 2024 Wheat Outlook explains USDA’s changes in the official projections for U.S. and world wheat supply and use in the 2023/24 and 2024/25 marketing years that were released in the October 11 World Agricultural Supply and Demand Estimates report. Keywords: Wheat, United States, world, production, acres, hectares, trade, price, cost ...

  3. Winter wheat production is forecast at 1.29 billion bushels, up 1 percent from the May 1 forecast and up 4 percent from 2023. As of June 1, the United States yield is forecast at 51.4 bushels per acre, up 0.7 bushel from last month and up. 0.8 bushel from last year’s average yield of 50.6 bushels per acre.

  4. 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.

  5. USDA’s National Agricultural Statistics Service (NASS) provided its updated survey-based production forecast for the 2023/24 U.S. winter wheat crop in the June 9 Crop Production report, estimated at 1,136 million bushels.

  6. All-wheat exports for the United States in 2023/24 are projected at 725 million bushels, up 25 million from the November forecast. 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.

  7. Jun-23. Final 2022/23 production estimates; 2023/24 Winter Wheat and Canola Seedings. Jul-23. Aug-23. Acreage report Prospective Plantings. First USDA, NASS survey-based production forecast for Corn, Soybeans, and Cotton. Factors Affecting 2023/24 Outlook. High interest rates and strong inflation.

  8. Official U.S. wheat exports for June 2023–January 2024, calculated with data from the Census Bureau, are estimated at 429 million bushels, 19 percent below the 527 million bushels during the same period in marketing year 2022/23.

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