• December 9, 2025 – The balance sheet for U.S. wheat in the December WASDE was unchanged from November. Notable for the marketing year so far is relatively strong wheat exports, the highest in 5 years. World wheat production was higher again this month.

• November 15, 2025 – Changes to supply the major feature of the November WASDE for wheat: record yield in the U.S. and record high global production.

• November 8, 2025 – USDA will release the November Crop Production report and WASDE on November 14. The November GEOGLAM Crop Monitor indicates several key production areas are in the ‘watch’ category, with heavy rain delaying sowing in China and dry conditions in southeast Europe and Australia.

• October 31, 2025 – With the continued federal government shutdown, much fundamental information is unavailable.

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}