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USDA report: U.S. winter wheat production forecasted to rise by 2% in 2024

Published May 14, 2024

Tridge summary

The USDA's National Agricultural Statistics Service (NASS) forecasts a 2% increase in U.S. winter wheat production to 1.28 billion bushels, with an average yield of 50.7 bushels per acre. Hard Red Winter wheat production is expected to rise by 17% to 705 million bushels, while Soft Red Winter wheat production is projected to decline by 23% to 344 million bushels. White Winter wheat production is estimated to increase by 16% to 229 million bushels. The all-orange forecast for the 2023-2024 season is 2.69 million tons, a 2% decrease from the previous forecast but a 5% increase from last season, with Florida's all-orange forecast at 17.8 million boxes, a 5% decrease from the previous forecast but a 13% increase from last season. U.S. almond production is anticipated to reach 3.00 billion pounds, a 21% increase from last year. The report is based on surveys from approximately 8,300 producers and includes data on area planted and harvested, yield, and a weather summary.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the latest Crop Production report released by the USDA's National Agricultural Statistics Service (NASS), U.S. farmers are projected to yield 1.28 billion bushels of winter wheat this year. This forecast marks a 2% increase from the previous year's production figures. As of May 1, the anticipated average yield stands at 50.7 bushels per acre, a slight uptick from last year's average of 50.6 bushels per acre. Moreover, Hard Red Winter production is expected to surge by 17% to 705 million bushels compared to the previous year. Conversely, Soft Red Winter production is forecasted to decline by 23% to 344 million bushels. Meanwhile, White Winter production is estimated to rise by 16% to 229 million bushels. Of the White Winter category, Hard White accounts for 17.3 million bushels, while Soft White comprises 211 million bushels. Shifting the focus to citrus fruits, the all-orange forecast for the 2023-2024 season is projected at 2.69 million tons, marking a 2% decrease ...
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