Northern Ag Network
Northern Ag Network
Northern Broadcasting System    Northern News Network    Northern Sports Network
Search This Site...
Search This Site...
U.S. Winter Wheat Production Forecast to be Down 6% in 2018

U.S. Winter Wheat Production Forecast to be Down 6% in 2018

5/10/2018 10:40:00 AM/Categories: Popular Posts, General News, Today's Top 5, Livestock, Grains

One of the first looks at the 2018-19 crop production projects the U.S. corn crop at 14.04 billion bushels with an average yield of 174 bushels per acre.

The May World Agricultural Supply and Demand Estimates (WASDE) offers the first forecasts for crop production and ending stocks for the 2018-19 marketing year.

Soybean production is projected at 4.28 billion bushels with an average yield of 48.5 bushels an acre.

CORN

Production for 2018-19 is pegged at 14.04 billion bushels with ending stocks forecast at 1.682 billion bushels, down 500 million bushels from the 2017-18 crop.

Old crop engine stocks for corn are unchanged from the April forecast at 2.18 billion bushels.

Brazil's corn crop was pegged at 87 million metric tons, down 5 mmt from April's projection.

SOYBEANS

USDA projects the 2018-19 soybean crop at 4.28 billion bushels, down 112 million bushels from the 2017-18 crop year. Soybean new crop ending stocks are pegged at 415 million bushels.

Old crop ending stocks are projected at 530 million bushels, down 20 million bushels from last month's projection.

USDA bumped up Brazil's soybean production to 117 million metric tons, up 2 million metric tons from the April report. Argentina's production was dropped again to 39 mmt, down 1 mmt from April.

WHEAT

All Winter Wheat is projected at 1.19 billion bushels, down 6% from a year ago. The winter wheat yield is projected at 48.1 bushels per acre, down 2.1 bushels from last year.

Hard Red Winter Wheat is projected at 647 million bushels, slightly above the pre-report average estimate. Hard Red Winter Wheat production is forecast to be down 14% from last year's crop. Soft Red Winter Wheat is projected at 315 million bushels, up 8% from a year ago. White Winter Wheat is projected at 229 million bushels.

Source: DTN

Print
Tags:

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Recent Ag News

Enthusiasm Follows China Talks

5/21/2018 2:02:00 PM

President Trump Says China Will Buy 'Practically as Much as Our Farmers Can Produce'

>> Read More
Article rating: No rating

New Fertilizer Plant Built in Lockwood, MT

5/21/2018 8:53:00 AM
As farmers continue their busy spring planting, a new fertilizer plant has been built in South Central Montana that loads, stores and unloads more efficiently to help growers. >> Read More
Article rating: No rating

Governor Bullock Declares State of Emergency to Help Farmers Move Fertilizer

5/18/2018 7:30:00 PM

A temporary suspension of hours of service will apply to drivers of commercial motor vehicles while transporting fertilizer to allow them to expedite the delivery of fertilizer products.

>> Read More
Article rating: No rating

MSU’s Inaugural Class of Regional Vet-Med Students Graduate

5/18/2018 2:31:00 PM

MSU’s inaugural class of 11 students in the Washington, Idaho, Montana and Utah Regional Program in Veterinary Medicine graduated with doctor of veterinary medicine degrees from Washington State University on Saturday, May 5.

>> Read More
Article rating: No rating

Farm Bill Fails House Vote

5/18/2018 11:30:00 AM
The House failed to pass its version of the farm bill Friday after clearing out a series of votes on amendments most of Thursday evening. >> Read More
Article rating: No rating
RSS

Find Articles by Date

«May 2018»
MonTueWedThuFriSatSun
456
1213
161920
222324252627
28293031123
45678910