Each month, U.S. Wheat Associates (USW) updates a graphic summary of USDA’s WASDE (World Agricultural Supply and Demand Estimates) report. The report includes global wheat market factors, major country and regional export history, and U.S. wheat supply and demand summaries by class. The data may be used without permission, but attribution to USW and USDA is appreciated. USDA’s projections are subject to change throughout the year depending on weather and other developments.
Global wheat production in 2022/23 projected at
up 720,000 MT from December
Global wheat consumption to total
outpacing global production by 8.43 MMT
Global wheat ending stocks are expected to be
Up 1.1 MMT from last month