Wheat Outlook

  • September 12, 2017 – World wheat carryover reduced slightly in today’s WASDE on a small decrease in wheat supplies and a small increase in use. No changes in US.
  • September 9, 2017 – September GEOGLAM crop monitor shows a mix of world wheat crop conditions from good to excellent in the FSU-12 to poor in the U.S. High Plains.
  • September 1, 2017 – U.S. domestic food use of wheat is running about 1% below average while exports are on pace to reach the marketing year target.
  • August 25, 2017 – Moisture and weather look favorable for winter wheat this fall while exports are running about as expected. Money managers were generally more bearish in their positioning this week. Thanks for the comments and questions and let us know if we can help with anything else.

 

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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