World Perspectives
wheat

WASDE Wheat

USDA’s outlook for the new 2021/22 U.S. wheat crop is for higher production. All wheat yield is 50.7 bushels per acre, up 0.7 bushels from last month. Feed and residual use is raised 10 million bushels to 180 million on the higher supplies as wheat is expected to be priced competitively with corn in the summer months.  The projected 2021/22 season-average farm price is unchanged at $6.50 per bushel.   The global wheat outlook for 2021/22 is for larger stocks. World production is projected at a record 794.4 million.  Projected 2021/22 world ending stocks are raised 1.8 million tons to 296.8 million with China accounting for 48 percent of the total.  ...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2025/bushel, up $0.1025 from yesterday's close.  Dec 25 Wheat closed at $5.3425/bushel, up $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.545/bushel, up $0.065 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $1.7 from...

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Illuminating the value of technical research

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