U.S. Wheat Supply and Use 
============================================================================== 
Item                            2016/2017                   2017/2018 
                            prev         Dec 12         prev         Dec 12 
============================================================================== 
Area                                     Million acres 
Planted                     50.1           50.1         46.0           46.0 
Harvested                   43.9           43.9         37.6           37.6 
                                            Bushels 
Yield per harv. acre        52.7           52.7         46.3           46.3 
                                         Million Bushels 
Beginning stocks             976            976        1,181          1,181 
Production                 2,309          2,309        1,741          1,741 
Imports                      118            118          150            150 
Supply, total              3,402          3,402        3,071          3,071 
Food                         949            949          950            950 
Seed                          61             61           66             66 
Feed and residual            156            156          120            120 
Domestic, total            1,167          1,167        1,136          1,136 
Exports                    1,055          1,055        1,000            975 
Use, total                 2,222          2,222        2,136          2,111 
Ending stocks              1,181          1,181          935            960 
avg farm prc ($/bu)         3.89           3.89  4.40 - 4.80    4.50 - 4.70 
============================================================================== 
                                  U.S. Wheat by Class: Supply and Use 
  Year beginning              Hard     Hard     Soft 
      June 1                Winter   Spring      Red    White    Durum   Total 
============================================================================== 
                                   2016/2017 (estimated) 
Beginning Stocks               446      272      157       74       28     976 
Production                   1,082      491      345      286      104   2,309 
Supply, Total                1,533      805      535      368      162   3,402 
Domestic Use                   488      249      228       99      101   1,167 
Exports                        455      321       92      163       24   1,055 
Use, Total                     943      570      320      263      126   2,222 
Ending Stocks, Total           589      235      215      105       36   1,181 
                                   2017/2018 (projected) 
Beginning Stocks               589      235      215      105       36   1,181 
Production                     750      385      292      258       55   1,741 
Supply, Total                1,345      693      527      370      136   3,071 
Domestic Use                   470      271      212       95       88   1,136 
Exports                        405      255       85      210       20     975 
Use, Total                     875      526      297      305      108   2,111 
Ending Stocks, Total Dec       470      167      230       65       28     960 
Ending Stocks, Total Nov       461      157      222       67       28     935 
============================================================================== 
 
 
 

(END) Dow Jones Newswires

December 12, 2017 12:15 ET (17:15 GMT)