USDA Reports Smallest U.S. Harvested Area in 127 Years
By Stephanie Bryant-Erdmann, USW Market Analyst USDA’s Sept. 30 Small Grains Summary reported that U.S. farmers harvested 37.6 million acres (15.2 million hectares) of wheat for the 2017/18 crop, a 14 percent reduction from 2016/17 and the smallest harvested area since 1890. USDA estimated U.S. 2017/18 wheat production at 47.4 million metric tons (MMT) (1.74 […]
U.S. Wheat Sales on Pace to Match 5-Year Average
By Stephanie Bryant-Erdmann, USW Market Analyst Three months into the 2017/18 marketing year (June to May), total U.S. export sales-to-date of 12.1 million metric tons (MMT) are 2 percent ahead of last year’s pace and in line with the 5-year average pace. Though hard red winter (HRW) and hard red spring (HRS) sales are currently […]
Assessing the Wheat Quality Council Tour 2017 Yield Estimate
Reprinted with Permission from “Agweek,” August 2, 2017 [Editor’s Note: The original source for this article is the North Dakota Wheat Commission.] The annual Wheat Quality Council (WQC) tour of the spring and durum wheat region took place the week of July 24, with the final yield result sparking questions and sharp criticism, especially in […]
Annual Spring Wheat Tour Sees Drought Taking Toll on Yield Potential
By Erica Oakley, USW Director of Programs This week, the Wheat Quality Council hosted its annual hard red spring (HRS) and durum crop tour. Participants spent three days in North Dakota surveying this year’s crop and estimating yield. The tour, which surveyed a total of 496 fields, estimated weighted average HRS yield at 38.1 bushels […]
U.S. Wheat Production to Fall to Lowest Level Since 2002/03
USDA forecast U.S. 2017/18 wheat production at 47.9 million metric tons (MMT), down 24 percent year over year and 18 percent below the 5-year average. The reason: an anticipated 12 percent decline in average yield and the lowest planted acres since USDA records began in 1919. However, USDA expects 2017/18 U.S. beginning stocks to total […]
Global Durum Production Expected to Fall in 2017/18
By Stephanie Bryant-Erdmann, USW Market Analyst Global durum prices remain under pressure from a large 2016/17 crop. Per International Grains Council (IGC) data, global durum production increased 3 percent year over year to 40.2 million metric tons (MMT), 9 percent above the 5-year average and the largest since 2009/10. As reported in the USW Price […]
Outlook for 2017/18 U.S. Winter Wheat Plantings
By Stephanie Bryant-Erdmann, USW Market Analyst U.S. farmers made critical decisions last fall while they had bins full of wheat from record-breaking yields with prices near ten-year lows. Therefore, it is no surprise that many farmers chose to decrease their winter wheat planted area. USDA’s 2017/18 winter wheat seeding report released Jan. 12 reported U.S. […]