STAT Communications Ag Market News

Modest Revision in U.S. Winter Wheat Estimate

WASHINGTON - Aug 12/13 - SNS -- Winter wheat production is forecast at 1.54 billion bushels, down slightly from the July 1 forecast and down 6% from 2012, according to the USDA's latest crop production estimates.

Based on August 1 conditions, the United States yield is forecast at 47.8 bushels per acre, unchanged from last month but up 0.6 bushel from last year. If realized, this will equal the United States record high yield established in 1999. The area expected to be harvested for grain or seed totals 32.3 million acres, unchanged from last month but down 7% from last year.

As of August 4, harvest was nearing completion in all Hard Red Winter (HRW) States except Montana and South Dakota. If realized, the California yield will tie a record high.

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