Wheat Outlook

  • February 24, 2017 – With lower acres and a return to normal yields, USDA set 2017 wheat production at 1.8 bil bu at the Outlook Forum, the lowest since 2006.
  • February 14, 2017 – Mostly favorable conditions for winter wheat according to the latest global monitor. Spec funds were more bearish last week on lower prices.
  • February 6, 2017 – Mostly favorable conditions for winter wheat according to the latest global monitor. Spec funds were more bearish last week on lower prices.
  • January 27, 2017 – Welcome precipitation over dry wheat production areas the last several weeks. Wheat export pace is about normal with a weak basis.

 

Mark Welch
Texas A&M AgriLife Extension Economist

600 John Kimbrough Blvd
TAMU 2124
College Station, Texas 77843
Tel. (979)845-8011
Fax. (979)845-4906
JMWelch(at)tamu.edu

The opinions and recommendations expressed are solely those of the author and are intended for educational purposes only as part of the Texas A&M AgriLife Extension Service.  Texas A&M AgriLife Extension Service assumes no liability for the use of this newsletter.  Educational programs of the Texas A&M AgriLife Extension Service are open to all people without regard to race, color, sex, disability, religion, age, or national origin.  The Texas A&M University System, U.S. Department of Agriculture, and the County Commissioners Courts of Texas Cooperating

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