Wheat Outlook

  • September 11, 2020 – No changes were made to the supply and demand balance sheet for U.S. wheat in the September WASDE. World production was up on larger crops in Australia and Canada. The wheat stocks to use ratio in the U.S. in trending downward, not so globally.
  • September 4, 2020 – Another good round of wheat export sales were reported this week with China the leading buyer. Though the climate outlook is for La Nina to develop this fall, widespread rainfall is in the forecast for the Southern High Plains as wheat sowing for the 2021 crop gets underway.
  • August 28, 2020 – Spring wheat harvest lags the normal pace for late August but has reached the halfway point under improving conditions. Wheat exports continue on pace to reach the marketing year target set by USDA.
  • August 21, 2020 – Winter wheat harvest is just about wrapped up. Spring wheat harvest lags the average but with improving conditions. Wheat export sales numbers are on track to reach USDA’s target. Mexico, the traditional number one importer of US wheat is currently third.

 

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

Comments are closed.