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USDA forecasts U.S. wheat crop up 9 percent in 2024

USDA forecasts U.S. wheat crop up 9 percent in 2024


By Jamie Martin

The U.S. Department of Agriculture (USDA) has projected a 9% increase in U.S. all-wheat production for 2024. The total production is estimated at 1.971 billion bushels, a slight decline from the August forecast but significantly up from 2023's 1.804 billion bushels. This marks the largest wheat crop since 2016, when 2.309 billion bushels were harvested.

The increase comes despite a decrease in planted acreage, with the USDA reporting 46.1 million acres planted in 2024, down 7% from 2023. However, fewer acres were abandoned this year, and the harvested area increased by 3.8%, helping offset the smaller planting. The average yield for 2024 was estimated at 51.2 bushels per acre, an improvement over last year's 48.7 bushels per acre.

Winter wheat production was especially strong, reaching 1.349 billion bushels, a 9% increase from 2023. The hard red winter wheat crop saw a 29% boost, while soft red winter wheat experienced a decline in production. Spring wheat production also increased by 8% from 2023, with a record yield of 52.5 bushels per acre.

Durum wheat production rose by 35%, driven by higher yields and fewer abandoned acres. Total wheat stocks were estimated at 1.986 billion bushels as of September 1, up 12% from last year.

The USDA's latest report reflects a strong year for wheat production across the United States, with improved weather conditions contributing to higher yields and overall production growth.

Photo Credit: usda


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