In its small grain summary, the USDA said all wheat production is at 1.83 billion bushels in 2020, a five percent decline from 2019’s revised total of 1.93 billion bushels and well below the average trade estimate of 2.2 billion bushels. Harvested wheat acres are down two percent from one year ago to 36.7 million acres. Spring wheat production is up four percent from last year to 586 million bushels. Winter wheat production of 1.17 billion bushels is down 11 percent. Durum production is up 28 percent to 68.8 million bushels.
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