Global wheat market estimates look promising

USDA increased the global wheat production forecast for 2022/23 this month. This was due to an adjustment made to Brazil’s wheat production. Ukraine wheat exports are estimated to be stronger than before which increases global wheat exports. With an increased demand from the European [...]

U.S. wheat stocks raised 25 million bu on lower use

As the 2021/22 marketing year wraps up for wheat, the U.S. has not seen an increase in export sales, leading USDA to trim the season projection by 15 million bushels in today’s WASDE report. Now estimated at 785 million bushels, 2021/22 wheat exports are [...]

Go to Top