Drought slams US small grains, heading spring wheat harvest to 33-year low

Published 2021년 9월 30일

Tridge summary

The USDA's Small Grains Annual Summary has reported significant losses in US small grain production due to hot and dry weather, with spring wheat production at its lowest level since the late 1980s and durum wheat production at its lowest since the 1960s. Oat and barley production are also expected to reach record lows, with oat production down 39% from 2020 and barley production down 31% from the revised 2020 total. This is due to ongoing drought in the western and central US, as highlighted by the Gro platform's Growing Conditions app.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The USDA’s downgrade to US small grain production offered the latest example of how hot and dry weather is taking a toll on food production. In its Small Grains Annual Summary, released this afternoon, the USDA nearly quadrupled its spring wheat harvest loss estimate, essentially putting US spring wheat production on a path to its lowest production level since the late 1980s. Since March Gro has been warning about the hot and dry weather across the US Northern Plains that has been zapping yield potential and forcing farmers to abandon acres in key growing states. The USDA is now forecasting an 11% harvest loss for spring wheat, placing spring wheat production at its lowest level in 33 years. Durum wheat production is pegged at the lowest level since the 1960s. Year-to-date Minneapolis spring wheat futures are up 47%. The latest USDA spring wheat abandonment estimate is now in line with Gro’s projections, as we wrote about here. This adjustment, along with reduced yields, takes the ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.