Each month, U.S. Wheat Associates (USW) updates a graphic summary of USDA’s WASDE (World Agricultural Supply and Demand Estimates) report. The report includes global wheat market factors, major country and regional export history, and U.S. wheat supply and demand summaries by class. The data may be used without permission, but attribution to USW and USDA is appreciated. USDA’s projections are subject to change throughout the year depending on weather and other developments.
January 2025
Global wheat production in 2024/25 projected at
793.24 MMT
Up 300,000 MT from last month
Global wheat consumption to total
801.9 MMT
Down 580,000 MT from last month
Global wheat ending stocks are expected to be
258.8 MMT
Up 940,000 MT from last month