Report snapshot: winter wheat production estimates slide lower
|
U.S. Winter Wheat Production |
|
|
All wheat – billion bu. |
|
|
USDA |
1.650 |
|
Average est. |
1.672 |
|
USDA May |
1.659 |
|
USDA 2022 |
1.650 |
|
|
|
|
Winter wheat – billion bu. |
|
|
USDA |
1.140 |
|
Average est. |
1.143 |
|
USDA May |
1.130 |
|
USDA 2022 |
1.104 |
|
|
|
|
HRW wheat – million bu. |
|
|
USDA |
531 |
|
Average est. |
520 |
|
USDA May |
514 |
|
USDA 2022 |
531 |
|
|
|
|
SRW wheat – million bu. |
|
|
USDA |
337 |
|
Average est. |
414 |
|
USDA May |
406 |
|
USDA 2022 |
337 |
|
|
|
|
White winter wheat – million bu. |
|
|
USDA |
272 |
|
Average est. |
210 |
|
USDA May |
210 |
|
USDA 2022 |
236 |
|
|
|
|
U.S. Carryover |
||
|
Corn – billion bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
1.452 |
2.257 |
|
Average est. |
1.449 |
2.254 |
|
USDA May |
1.417 |
2.222 |
|
|
||
|
Soybeans – million bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
230 |
350 |
|
Average est. |
223 |
345 |
|
USDA May |
215 |
335 |
|
|
|
|
|
Wheat – million bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
598 |
562 |
|
Average est. |
606 |
569 |
|
USDA May |
598 |
556 |
|
|
|
|
|
Cotton – million bales |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
3.20 |
3.50 |
|
Average est. |
NA |
3.61 |
|
USDA May |
3.50 |
3.30 |
|
Global Carryover |
||
|
Corn – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
297.55 |
313.98 |
|
Average est. |
297.66 |
313.12 |
|
USDA May |
297.41 |
312.90 |
|
Soybeans – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
101.32 |
123.34 |
|
Average est. |
100.55 |
121.99 |
|
USDA May |
101.04 |
122.50 |
|
Wheat – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
266.66 |
264.34 |
|
Average est. |
266.58 |
264.65 |
|
USDA May |
266.28 |
264.34 |
|
Cotton – million bales |
||
|
|
2022-23 |
2023-24 |
|
USDA |
92.89 |
92.79 |
|
Average est. |
NA |
93.09 |
|
USDA May |
92.63 |
92.28 |
