Farms.com Home   News

US Wheat Ending Stocks Down; Global Stocks Up

Projected 2022-23 US wheat ending stocks continued to tick lower but global stocks were raised in a monthly USDA supply-demand update Thursday. 

US wheat ending stocks are now estimated at 567 million bu, down only slightly from the government’s December forecast of 571 million but further below the 2021-22 and 2020-21 ending stocks levels of 845 million and 698 million, respectively. Meanwhile, world wheat ending stocks were raised 1.1 million tonnes this month to 268.4 million, although that remains below the previous year’s 276.82 million. 

The tightening in US stocks was a mild surprise, with most traders and analysts expecting an upward revision to around 580 million bu. Wheat futures were trading between 2 and 15 cents higher this afternoon. 

Click here to see more...

Trending Video

From Conventional to Regenerative: Will Groeneveld’s Journey Back to the Land

Video: From Conventional to Regenerative: Will Groeneveld’s Journey Back to the Land

"You realize you've got a pretty finite number of years to do this. If you ever want to try something new, you better do it."

That mindset helped Will Groeneveld take a bold turn on his Alberta grain farm. A lifelong farmer, Will had never heard of regenerative agriculture until 2018, when he attended a seminar by Kevin Elmy that shifted his worldview. What began as curiosity quickly turned into a deep exploration of how biology—not just chemistry—shapes the health of our soils, crops and ecosystems.

In this video, Will candidly reflects on his family’s farming history, how the operation evolved from a traditional mixed farm to grain-only, and how the desire to improve the land pushed him to invite livestock back into the rotation—without owning a single cow.

Today, through creative partnerships and a commitment to the five principles of regenerative agriculture, Will is reintroducing diversity, building soil health and extending living roots in the ground for as much of the year as possible. Whether it’s through intercropping, zero tillage (which he’s practiced since the 1980s) or managing forage for visiting cattle, Will’s approach is a testament to continuous learning and a willingness to challenge old norms.

Will is a participant in the Regenerative Agriculture Lab (RAL), a social innovation process bringing together producers, researchers, retailers and others to co-create a resilient regenerative agriculture system in Alberta. His story highlights both the potential and humility required to farm with nature, not against it.