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Nebraska Winter Wheat Crop Forecast at 39.8 Million Bushels

Nebraska Winter Wheat Crop Forecast at 39.8 Million Bushels

Based on June 1 conditions, Nebraska's 2021 winter wheat crop is forecast at 39.8 million bushels, up 17% from last year's crop, according to the USDA's National Agricultural Statistics Service. Average yield is forecast at 51 bushels per acre, up 10 bushels from last year.

Acreage to be harvested for grain is estimated at 780,000 acres, down 50,000 acres from last year. This would be 87% of the planted acres, compared with last year's 92% harvested.

Source : unl.edu

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There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
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