• April 10, 2026 – Only a couple of minor changes to the supply and demand balance sheet for U.S. wheat in the April WASDE. But these changes raised ending stocks (marketing year ends May 31) and the stocks-to-use ratio.

• March 31, 2026 – Results of the Prospective Plantings survey and Grain Stocks report in today’s Wheat Outlook along with last Friday’s Commitment of Traders. Rain is in the forecast for the eastern half of the Southern Plains region.

• March 20, 2026 – Drought conditions worsened again this week across the Southern Plains Climate Hub but Kansas wheat condition ratings are still relatively strong.  Wheat exports remain strong as well.

• March 11, 2026 – There were no changes this month to the supply and demand categories for U.S. wheat in the March WASDE. The only change was to the estimate of the season average farm price, up 5 cents to $4.95.

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}