The Wheat Situation An Interesting One
The Wheat Situation reports USDA projections for spring and winter wheat yields with a June 1 condition review. Spring wheat is forecast at 277 million bushels, up 68 million from last year, while winter wheat totals 781 million, down 160 million from last year. Other crops include oats at 1.815 billion bushels, barley 185 million, rye 80 million, hay 112 million tons, apples 19 million, peaches 45 million. spring wheat area 19.487 million acres at 56 percent of last year, oat area 41.032 million at 96.8 percent, barley area 7.47 million at 00.2 percent.