Farms.com Home   News

USDA NASS Predicts 8% Increase for Winter Wheat Crop

USDA NASS Predicts 8% Increase for Winter Wheat Crop

Based on May 1 conditions, Nebraska's 2021 winter wheat crop is forecast at 36.7 million bushels, up 8% from last year's crop, according to the USDA's National Agricultural Statistics Service. Average yield is forecast at 47 bushels per acre, up 6 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, below last year's 92% harvested.

May 1 hay stocks of 1,000,000 tons are down 28% from last year.

Source : unl.edu

Trending Video

Grain Markets - Doug Simon

Video: Grain Markets - Doug Simon

Grain markets are working through a mix of steady fundamentals and some outside pressure this week. The latest WASDE report was quiet, with few major changes to the balance sheets. But stronger corn exports and continued momentum in soybeans are giving producers something to watch when it comes to marketing decisions. To help us break it down, we're joined by Doug Simon with Tredas.