Wheat Outlook

  • August 30, 2024 – Though spring wheat condition ratings were down this week, they are still strong relative to recent years. Moisture is in the forecast for some of the hardest hit drought areas of the Southern Plains. Wheat export sales off to a good start this marketing year.
  • August 23, 2024 – U.S. winter wheat harvest reached 96% as of August 18. Condition ratings for the 2024 spring wheat crop show 5% rated very poor and 73% good and excellent. USDA’s yield estimate for the 2024 spring wheat crop is a record 52.6 bushels per acre. Spring wheat harvested is 31%.
  • August 12, 2024 – With a 2% reduction in area harvested and a 1% increase in yield, wheat production for 2024 is down about 1% in today’s reports. With small changes to use, ending stocks are down 28 million bushels.
  • August 3, 2024 – Condition ratings for the 2024 spring wheat crop are consistent with those of strong yield performance over the last five years. As of July 28, 74% was rated good and excellent. Harvest is just getting underway.

 

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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