USDA Lowers Winter Wheat Production Forecast

USDA's winter wheat production forecast of 1.56 billion bushels is 3% lower than last month, but still 20% more than 2006, and durum production is up 47% from 2006.

Winter wheat production is forecast at 1.56 billion bushels.  This is down 3% from last month but 20% above 2006.  The U.S. yield is forecast at 41.6 bushels per acre, down 1.6 bushels from last month and down 0.1 bushel from last year.  The area expected to be harvested for grain totals 37.6 million acres, unchanged from the Acreage report released on June 29, 2007 but up 21% from last year.

Hard Red Winter, at 964 million bushels, is down 7% from a month ago.  Soft Red Winter, at 364 million bushels, is up 7% from the last forecast.  White Winter is down 1% from last month and now totals 235 million bushels.  Of this total, 18.1 million bushels are Hard White and 216 million bushels are Soft White.

Durum wheat production is forecast at 78.7 million bushels, up 47% from 2006.  The U.S. yield is forecast at 36.4 bushels per acre, 6.9 bushels above last year.  Expected area to be harvested for grain totals 2.16 million acres, unchanged from the Acreage report released on June 29, 2007 but up 19% from last year.

Other Spring wheat production is forecast at 498 million bushels, 8% above 2006.  The expected area to be harvested for grain totals 12.7 million acres, unchanged from the Acreage report released on June 29, 2007 but down 8% from last year.  The U.S. yield is forecast at 39.1 bushels per acre, up 5.9 bushels from 2006.  Of the total production, 471 million bushels are Hard Red Spring wheat, up 9% from last year.

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