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USDA Slashes Winter Wheat Crop Forecast
WASHINGTON - Jun 9/06 - SNS -- Winter wheat production is forecast at 1.26 billion bushels, down 4% from the May 1 forecast and 16% below 2005, according to the latest crop production estimates from the USDA.
Based on June 1 conditions, the U.S. yield is forecast at 40.5 bushels per acre, down 1.9 bushels from last month and 3.9 bushels less than last year. Grain area totals 31.2 million acres, unchanged from May 1.
Hard Red production is down 8% from a month ago to 659 million bushels. Soft Red is up slightly from last month and now totals 357 million bushels. White production totals 248 million bushels, down 2% from last month. Of the White production total, 19.7 million bushels are Hard White and 228 million bushels are Soft White.
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