U.S. Wheat Supply and Use 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres Area Planted 55.0 50.1 46.0 46.0 Area Harvested 47.3 43.9 37.6 37.6 Bushels Yield per Harvested Acre 43.6 52.7 46.3 46.3 Million Bushels Beginning Stocks 752 976 1181 1181 Production 2062 2309 1741 1741 Imports 113 118 155 155 Supply, Total 2927 3402 3076 3076 Food 957 949 955 955 Seed 67 61 62 62 Feed and Residual 149 156 100 70 Domestic, Total 1174 1167 1117 1087 Exports 778 1055 925 925 Use, Total 1951 2222 2042 2012 Ending Stocks 976 1181 1034 1064 Avg.FarmPrice ($/bu) 2/ 4.89 3.89 4.60-4.70 4.60-4.70 ================================================================================ U.S. Wheat by Class: Supply and Use ================================================================================ Year begining Hard Red Hard Red Soft Red June 1 Winter Spring Winter White Durum Total ================================================================================ Million Bushels 2016/17 (Est.) Beginning Stocks 446 272 157 74 28 976 Production 1082 491 345 286 104 2309 Supply, Total 3/ 1533 805 535 368 162 3402 Domestic Use 489 249 228 99 101 1167 Exports 455 321 92 163 24 1055 Use, Total 943 570 320 263 126 2222 Ending Stocks, Total 589 235 215 105 36 1181 2017/18 (Proj.) Beginning Stocks 589 235 215 105 36 1181 Production 750 385 292 258 55 1741 Supply, Total 3/ 1347 694 524 370 141 3076 Domestic Use 432 269 209 94 83 1087 Exports 370 235 90 210 20 925 Use, Total 802 504 299 304 103 2012 Ending Stocks, Total Apr 545 190 225 66 38 1064 Mar 510 185 228 76 35 1034 ================================================================================Only active subscribers can read all of this article.
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