USDA Trims Winter Wheat Forecast
WASHINGTON - Jun 11/14 - SNS -- This year's U.S. winter wheat crop is now expected to total 1.38 billion bushels, down 2% from the May 1 forecast and down 10% from 2013, according to the USDA's latest crop production estimates for 2014.
Based on June 1 conditions, the United States yield is forecast at 42.4 bushels per acre, down 0.7 bushel from last month and down 5.0 bushels from last year.
As of June 1, 30% of the winter wheat crop in the 18 major producing States was rated in good to excellent condition, 2 percentage points below the same week in 2013. Nationally, 79% of the winter wheat crop was headed by June 1, slightly ahead of the 5-year average pace.
Hard Red Winter production, at 720 million bushels, is down 3% from last month. Soft Red Winter, at 454 million bushels, is up 2% from the May forecast. White Winter, at 206 million bushels, is down 1% from last month. Of the White Winter production, 10.9 million bushels are Hard White and 196 million bushels are Soft White.
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