U.S. Wheat Supply and Use 1/ 
==================================================================== 
Item                        2018/19                  2019/20 
                         prev     Apr 9         prev        Apr 9 
==================================================================== 
Area                                Million acres 
Planted                  47.8      47.8          45.2          45.2 
Harvested                39.6      39.6          37.2          37.2 
                                            Bushels 
Yield per harv. acre     47.6      47.6          51.7          51.7 
                                    Million Bushels 
Beginning stocks        1,099     1,099         1,080         1,080 
Production              1,885     1,885         1,920         1,920 
Imports                   135       135           105           105 
Supply, total           3,119     3,119         3,105         3,105 
Food                      955       955           955           955 
Seed                       59        59            60            60 
Feed and residual          90        90           150           135 
Domestic, total         1,103     1,103         1,165         1,150 
Exports                   936       936         1,000           985 
Use, total              2,039     2,039         2,165         2,135 
Ending stocks           1,080     1,080           940           970 
avg farm prc ($/bu) 2/   5.16      5.16          4.55          4.60 
============================================================================ 
                       U.S. Wheat by Class: Supply and Use 
  Year beginning           Hard     Hard     Soft 
      June 1             Winter   Spring      Red    White    Durum   Total 
============================================================================ 
                                   2019/20 (projected) 
Beginning Stocks            516      263      158       88       55    1,080 
Production                  833      522      239      272       54    1,920 
Supply, Total 3/          1,353      836      402      365      149    3,105 
Domestic Use                470      311      191       90       88    1,150 
Exports                     380      275       95      195       40      985 
Use, Total                  850      586      286      285      128    2,135 
Ending Stocks, Total Apr    503      250      116       80       21      970 
                     Mar    484      249      106       80       21      940 
                                   2018/19 (estimated) 
Beginning Stocks            581      191      205       87       35    1,099 
Production                  662      587      286      272       78    1,885 
Supply, Total 3/          1,248      846      495      365      165    3,119 
Domestic Use                401      324      209       81       88    1,103 
Exports                     331      259      128      196       22      936 
Use, Total                  732      583      337      277      110    2,039 
Ending Stocks, Total        516      263      158       88       55    1,080 
============================================================================ 
Note:  Totals may not add due to rounding.  1/ Marketing year beginning June 
1.  2/ Marketing-year weighted average price received by farmers.  3/ 
Includes imports. 
 
 
Write to Rose Ridinger at csstat@dowjones.com 
 

(END) Dow Jones Newswires

April 09, 2020 12:17 ET (16:17 GMT)

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