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USDA WASDE report Articles

Latest WASDE Report Sees Increased Global Wheat Production

Aug 22nd, 2017 • by Sara Gustafson

According to the most recent World Agricultural Supply and Demand Estimates (WASDE) Report , global wheat supplies for 2017-2018 are up significantly due to an 8.6-million-ton production increase in the Former Soviet Union (FSU). Russian wheat production surpassed last year’s record by 5.0 million tons. Even though there are reduced production forecasts in Canada, EU, and U.S. the increased production from FSU more than offsets these conditions; as a result, foreign trade has increased from the FSU as well.

WASDE Reports Released for June

Jul 26th, 2017 • by Sara Gustafson

According to the June WADSE Report, global wheat supplies for 2017-2018 are up 2.8 million tons. These projections are greatly influenced by a higher production forecast for Russia, which is projected to be 69.0 million tons. Wheat production in India is forecast to be lower by 1 million tons, but remains 9 million tons higher than 2016-2017 production. Similarly, EU wheat production forecasts declined slightly this month but remains 4 percent higher than the previous year’s levels.