U.S. Winter Wheat Seedings Update – Jan ’18
According to USDA’s annual winter wheat seedings report, seedings fell on a YOY basis for the fifth consecutive year during 2018. 2018 winter wheat seedings of 32.608 million acres finished 88,000 acres, or 0.3%, below the previous year figure, reaching the lowest figure experienced on record. National winter wheat seeding figures have been compiled since 1960. Winter wheat seedings finished 4.8% above average analyst estimates of 31.107 million acres, however.
Winter wheat seedings were led by Kansas, followed by Texas and Oklahoma. The aforementioned states combined to account for over half of the total U.S. winter wheat seedings.
The largest YOY declines in winter wheat seedings were experienced throughout Oklahoma, Montana and Colorado, while YOY increases in seeding were led by Texas, Kansas and Ohio.