U.S. Wheat Supply and Use 1/ ============================================================================== Item 2020/2021 2021/2022 prev Jun 10 prev Jun 10 ============================================================================== Area Million acres Planted 44.3 44.3 46.4 * 46.4 * Harvested 36.7 36.7 37.4 * 37.4 * Bushels Yield per harv. acre 49.7 49.7 50.0 * 50.7 * Million Bushels Beginning stocks 1,028 1,028 872 852 Production 1,826 1,826 1,872 1,898 Imports 105 105 125 125 Supply, total 2,959 2,959 2,869 2,875 Food 960 960 963 963 Seed 63 63 62 62 Feed and residual 100 100 170 180 Domestic, total 1,123 1,123 1,195 1,205 Exports 965 985 900 900 Use, total 2,088 2,108 2,095 2,105 Ending stocks 872 852 774 770 avg farm prc ($/bu) 2/ 5.05 5.05 6.50 6.50 ============================================================================== U.S. Wheat by Class: Supply and Use Year beginning Hard Hard Soft June 1 Winter Spring Red White Durum Total ============================================================================== 2020/2021 (estimated) Beginning Stocks 506 280 105 95 42 1,028 Production 659 530 266 302 69 1,826 Supply, Total 3/ 1,169 859 377 404 150 2,959 Domestic Use 410 319 211 91 94 1,123 Exports 340 280 70 265 30 985 Use, Total 750 599 281 356 124 2,108 Ending Stocks, Total Jun 419 261 97 48 26 852 May 423 267 102 53 26 872 ============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning June 1. 2/ Marketing-year weighted average price received by farmers. 3/ Includes imports. * Planted acres reported in the March 31, 2021, 'Prospective Plantings.' Harvested acres and yield for other spring wheat and Durum are projected using 10-year harvested-to-planted ratios by state and 1985-2020 yield trends by state (except for Arizona and California Durum). For May, winter wheat harvested acres and yield reported in the May 12, 2021,'Crop Production.' For June, winter wheat harvested acres and yield reported in the June 10, 2021,'Crop Production.' ****************************************************************************** Wheat-by-class projections for 2021/22 will first be published in the July 12, 2021, WASDE. ****************************************************************************** Write to Rose Ridinger at csstat@dowjones.com
(END) Dow Jones Newswires
06-10-21 1216ET