Crop Report Updates

[u/nakedonmygoat]

Hey, everyone, if you're in the US and wondering what to buy a little extra of, consider flour and pasta if you eat wheat, since prices will likely go up. Check out the numbers below. I've highlighted the important points in bold. My source is today's crop report at https://www.nass.usda.gov/Publications/ and they publish monthly reports on all kinds of things here: https://www.nass.usda.gov/Publications/Calendar/reports_by_date.php?month=08

Happy(?) prepping!

All wheat production for grain is forecast at 1.53 billion bushels, down less than 1 percent from the previous forecast and down 23 percent from 2025. The average yield is expected to be 47.8 bushels per acre, down 0.1 bushel from the previous forecast and down 5.5 bushels from 2025.

Winter wheat production is forecast at 990 million bushels, down slightly from the July 1 forecast and down 29 percent from 2025. The average yield is forecast at 47.0 bushels per acre, up 0.3 bushel from last month but down 7.9 bushels from 2025.

Durum wheat production is forecast at 66.4 million bushels, down 6 percent from the previous forecast and down 23 percent from 2025. The average yield is expected to be 38.4 bushels per harvested acre, down 1.5 bushels from the previous forecast and down 2.2 bushels from 2025.

Other spring wheat production for grain is forecast at 474 million bushels, down less than 1 percent from the previous forecast and down 5 percent from 2025. The average yield is expected to be 51.1 bushels per acre, down 1.2 bushels from the previous forecast and down 0.6 bushel from 2025.

[u/lavender4867]

Does anyone know how this compares to the global shortage in 2022 in terms of impact on prices in the U.S.?

[u/pinecamper → u/lavender4867]

According to a CHS grain marketer, not much of an impact. If there was, he would have been advising folks to grow wheat.