wheat stocks

The adjustment to domestic wheat production was relatively minor in August, but was up, in the latest USDA supply and demand forecast.  What does that mean for the remainder of the balance sheet?   “We’re expecting to see some more export business," noted World Agricultural Outlook Board Chair Mark Jekanowski.  "We raised our expo...

According to NASS, all wheat stocks dropped 43% from December 1st, 2020, to December 1st, 2021. Wheat stocks in Washington totaled 82.6 million bushels, down from 147 million bushels in storage a year earlier. Off-farm stocks were down 44%, while on-farm stocks were down 38% compared to the previous year ...

According to NASS, all wheat stocks stored in the Pacific Northwest dropped 40% from September 1st, 2020. In Idaho stored wheat totaled 65.6 million bushels, down from 106 million bushels a year ago. Off-farm stocks were down 40%, while on-farm stocks were down 35% compared to the previous year ...

Unlike most crops this month, USDA has little production information to go by in looking at the domestic balance sheet, so World Outlook Board Chair, Mark Jekanowski, says the focus is on the demand side of  of the ledger. "We pulled back our import forecast by 10 million bushels. Ref ...

According to NASS, all wheat stocks stored in the Northwest decreased 29% from June 1st, 2020 to June 1st, 2021. In Idaho, stored wheat topped out at 18.7 million bushels at the start of last month, off from the 28.8 million bushels reported last year ...

When it comes to the domestic balance sheet of wheat stocks, World Outlook Chairman, Mark Jekanowski, said changes were mainly small, but there was a noteworthy pull back in the USDA forecast of ten million bushels.At this time of year he said the wheat outlook is affected by data such as the March grain stocks report... Read More ...

American wheat growers continue to see prices above last season, but will that continue much longer? USDA's Outlook Board Chairman, Mark Jekanowski,  said one source of higher prices is lower projected wheat stock.  "Stocks are getting, you know, for wheat, relatively tight. There's ...

The most recent World Agricultural Supply and Demand Estimates report for October, better known as the WASDE, includes information from two places: USDA's Crop Production Report and Greens's reports that came out September 30th. You know in most cases we're looking a tighter supplies ...

The new marketing year for U.S. wheat starts up here in a few days, June 1st, and USDA analysts are projecting a year in which, stocks are declining but prices aren’t increasing. USDA Outlook Board Chariman, Mark Jekanowski, said he is looking at yet another year of declining American wheat plantings, likely the lowest wheat acreage ever. Pro ... Read More ...

Only a few months remain on the current wheat marketing year, so, as to be expected, the USDA made very few changes last week to its market forecast.  However, the one change that was made, came to exports.  USDA acting Outlook Board Chairman Mark Jekanowski has increased the export expectation up to an even one billion bushels.   “...