- October 16, 2020 – Winter wheat sowing and emergence are running ahead of normal for the U.S. winter wheat crop. Drought conditions expanded this week and the precipitation forecast does not offer much relief. Texas cash wheat prices rose above $5 this week for the first time in over 2 years.
- October 13, 2020 – The U.S. wheat stocks to use ratio for the 2020/21 marketing year decreased in the October WASDE on lower yields in 2020 and increased feed use. World wheat stocks to use increased on a higher production estimate from Russia and steady use.
- October 2, 2020 – USDA lowered U.S. wheat production estimates in this week’s Small Grains Summary and the Grain Stocks report shows wheat stocks below last year and the 5-year average. This as La Nina continues to develop with the concern that raises for the 2021 winter wheat crop.
- September 18, 2020 – The drought monitor for the Southern High Plains improved this week as the area under some classification of drought fell back under 50 percent. Other than rainfall associated with storms in the Gulf, the week ahead is expected to be mostly dry for much of the continental U.S.
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