| U.S. Acreage (1000 Acres) | ||||||
| 2023 Planted Final | 2024 W Wheat Seedings | 2024 March Intentions | 2024 Jun 28 Planted | 2024 Planted Final | 2025 W Wheat Seedings | |
| Corn | 94,641 | 90,036 | 91,475 | 90,748 | ||
| Wheat | ||||||
| Wheat, All | 49,575 | 47,498 | 47,240 | 46,079 | ||
| Winter | 36,699 | 34,425 | 34,135 | 33,805 | 33,390 | 34,115 |
| Hard Red | 24,000 | 24,000 | ||||
| Soft Red | 6,860 | 6,440 | ||||
| White | 3,540 | 3,640 | ||||
| Durum | 1,676 | 2,028 | 2,165 | 2,064 | ||
| Other Spring | 11,200 | 11,335 | 11,270 | 10,625 | ||
| Hard Red Spring | ||||||
| Soybeans | 83,600 | 86,510 | 86,100 | 87,100 | ||
| Cotton | ||||||
| Cotton, All | 10,230 | 10,673 | 11,670 | 11,174 | ||
| Upland | 10,083 | 10,470 | 11,488 | 10,975 | ||
| Amer-Pima | 147 | 203 | 182 | 199 | ||
| U.S. 2025 Winter Wheat Seedings - Million Acres | |||||
| Estimates | USDA | ||||
| Average | Low | High | 2024 | ||
| All Winter Wheat | 33.4 | 32.5 | 34.4 | 33.4 | |
| Hard Red Winter | 23.7 | 23.2 | 24.5 | 23.8 | |
| Soft Red Winter | 6.1 | 5.7 | 6.5 | 6.1 | |
| White Winter | 3.5 | 3.3 | 3.6 | 3.5 | |
Highlights
US ending stocks for 2024/25 are estimated at 798 million bushels, compared to 802 million expected (range 785-825 billion) and 795 in December. World ending stocks for 2024/25 came at 258.8 million tonnes, versus 257.9 million expected (range 256-259 million) and 257.9 in December. US all winter wheat seedings for 2025/26 came in at 34.12 million acres versus the average estimate of 33.4 million and a range of 32.5 and 34.4 million. The 2024/25 estimate was 33.4 million. Hard Red Winter Wheat seedings came in at 24 million acres versus the average estimate of 23.7 million (range 23.2-24.5 million). The 2024 estimate was 23.8 million. Soft Red Winter Wheat seedings came in at 6.44 million acres versus the average estimate of 6.1 million (range 5.7-6.5 million). The 2024 estimate was 6.1 million. White Winter Wheat seedings came in at 3.64 million acres versus the average estimate of 3.5 million (range 3.6-3.6 million). The 2024 estimate was 3.5 million.
PRICE OUTLOOK: While today's report had major surprises in the corn and bean numbers, there were no such surprises in wheat. With winter wheat seedings slightly bearish and essentially no changes in the US balance sheet to alter burdensome ending stocks, wheat prices may be stuck in neutral and become a follower of the other grains rather than a leader. If wheat prices can close strong today after hitting a new contract low on the report's release, the technical picture may improve slightly, but we see no reason for a significant rally, other than a technical bounce, at this time.
PRICE OUTLOOK: While today's report had major surprises in the corn and bean numbers, there were no such surprises in wheat. With winter wheat seedings slightly bearish and essentially no changes in the US balance sheet to alter burdensome ending stocks, wheat prices may be stuck in neutral and become a follower of the other grains rather than a leader. If wheat prices can close strong today after hitting a new contract low on the report's release, the technical picture may improve slightly, but we see no reason for a significant rally, other than a technical bounce, at this time.
Definition
This report includes data on the annual seeded acreage of winter wheat, durum wheat, and canola seedlings. Data is presented on a national basis and on a state by state basis with historical context given for the current year's seeded acreage.
Description
This report provides plantings estimates for winter crops, namely winter wheat, Durum and canola. This is a key component in determining production for the year. The data is based on surveys collected from growers during the first two weeks of December. The USDA will use it in their monthly Supply/Demand (WASDE) projections for the coming year’s production.
