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.
November 2024
Global wheat production in 2024/25 projected at
794.7 MMT
Up 600,000 MT from last month
Global wheat consumption to total
803.4 MMT
Up 870,000 MT from last month
Global wheat ending stocks are expected to be
257.6 MMT
Down 150,000 MT from last month