CHICAGO: Informa Economics estimated US 2014 all-wheat production at 2.046 billion bushels, above the US Department of Agriculture's current estimate of 2.030 billion, the private analytics firm said on Friday in a note to clients.
Informa pegged US 2014 winter wheat production at 1.392 billion bushels, slightly below the USDA's current estimate of 1.397 billion.
By class, the firm estimated production of hard red winter wheat at 707 million bushels, soft red winter at 472 million bushels and winter white wheat at 213 million.
Informa estimated production of spring wheat other than durum at 590 million bushels, above the USDA's estimate of 572 million.
Informa pegged the durum wheat crop at 64 million bushels, above the USDA's estimate of 61 million. The USDA is scheduled to release updated estimates of US production of wheat and other small grains on Sept. 30.
Comments
Comments are closed.