Farms.com Home   News

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

Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.