The release of the USDA’s winter wheat seeding report, the agency’s first estimate of US winter wheat acreage, points to the possibility of a fall in production this year, not just for winter wheat, but also the overall US wheat harvest. Moreover, the cut in winter wheat acreage could also have implications for spring sown crops, particularly corn and soybeans. In this Agricultural Commodities Watch, we look at some possible US production scenarios and discuss what this could mean for wheat, corn and soybean supplies and prices.
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