U.S. Wheat Supply and Use 1/ ==================================================================== Item 2019/20 2020/21 prev Apr 9 prev Apr 9 ==================================================================== Area Million acres Planted 45.5 45.5 44.3 44.3 Harvested 37.4 37.4 36.7 36.7 Bushels Yield per harv. acre 51.7 51.7 49.7 49.7 Million Bushels Beginning stocks 1,080 1,080 1,028 1,028 Production 1,932 1,932 1,826 1,826 Imports 105 105 120 110 Supply, total 3,117 3,117 2,974 2,964 Food 962 962 965 965 Seed 60 60 63 63 Feed and residual 101 101 125 100 Domestic, total 1,123 1,123 1,153 1,128 Exports 965 965 985 985 Use, total 2,089 2,089 2,138 2,113 Ending stocks 1,028 1,028 836 852 avg farm prc ($/bu) 2/ 4.58 4.58 5.00 5.00 ============================================================================ U.S. Wheat by Class: Supply and Use Year beginning Hard Hard Soft June 1 Winter Spring Red White Durum Total ============================================================================ 2020/21 (projected) Beginning Stocks 506 280 105 95 42 1,028 Production 659 530 266 302 69 1,826 Supply, Total 3/ 1,168 862 378 405 151 2,964 Domestic Use 412 323 210 91 94 1,128 Exports 345 285 75 250 30 985 Use, Total 757 608 285 341 124 2,113 Ending Stocks, Total Apr 411 255 94 64 27 852 Mar 383 258 99 64 32 836 2019/20 (estimated) Beginning Stocks 516 263 158 88 55 1,080 Production 845 520 240 273 54 1,932 Supply, Total 3/ 1,363 836 402 367 150 3,117 Domestic Use 480 288 204 85 66 1,123 Exports 376 268 92 187 42 965 Use, Total 856 556 297 272 108 2,089 Ending Stocks, Total 506 280 105 95 42 1,028 ============================================================================ Note: Totals may not add due to rounding. 1/ Marketing year beginning June 1. 2/ Marketing-year weighted average price received by farmers. 3/ Includes imports. Write to Rose Ridinger at csstat@dowjones.com
(END) Dow Jones Newswires
04-09-21 1217ET