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rasputinmegaways| U.S. wheat planting area in 2024/2025 is expected to reach 47.5 million acres: output of 1.858 billion bushels

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rasputinmegaways| U.S. wheat planting area in 2024/2025 is expected to reach 47.5 million acres: output of 1.858 billion bushels

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[U.S. wheat supply and demand forecast data released]

The latest May supply and demand report released by the U.S. Department of Agriculture providesrasputinmegawaysA series of important data on U.S. wheat planting and production are provided. The report predicts that wheat planting area in 2024/2025 will reach 47.5 million acres, while the harvested area is expected to be 38 million acres, and the yield per unit is expected to be 48.rasputinmegaways.9 bushels per acre.

According to the report, wheat production in 2024/2025 is expected to be 1.858 billion bushels, and total supply is expected to be 2.665 billion bushels. Total wheat consumption is expected to be 1.899 billion bushels, and ending stocks are expected to be 766 million bushels.

This report provides a comprehensive understanding of the supply and demand situation of wheat in the United States. For secondary market investors, these data may provide important reference information for wheat-related agricultural product (000061) futures trading.