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Tidbits, Wheat Tour & Puts, Weather Outlooks, Export Sales 5/17/24

Highlights


Wheat Quality Council Tour: Kansas has biggest wheat crop since 2021

  • Estimated production 290 million bushels (USDA 267.9);

  • Last year Kansas produced 201 million bushels;

  • This year’s yield is seen at 46.5 bushels per acre (USDA 38).

 

Tidbits


Agronomists in Central Ohio say the soft red winter wheat crop is flowering 15+ days early. Thanks to Gary for the tip.

Set the basis three weeks before the soft red winter wheat harvest starts in your area.

 

On Wednesday, SovEcon (Andrey Sizov) lowered its forecast for 2024 Russian wheat production by 7.2 million metric tons to 85.7 million, anticipating a crop 1 million below the five-year average. The revision was made due to weather anomalies in Central and Southern Russia.


The Russian government reported that May frosts killed crops on about 830,000 hectares, about 1% of the total area.

 

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