The US Department of Agriculture on Friday revealed revised data on the 2023 US wheat harvest, and a quarterly briefing on US grain stocks.
Below key data in the briefings, and how these numbers differed from market expectations.
| USDA estimates for US wheat production, 2023 | ||||
| Crop | Production estimate | Difference from previous estimate |
Difference from market forecast | Difference from 2022 |
| Hard red winter | 601 | +16 | +17 | +69 |
| Soft red winter | 449 | +9 | +11 | +112 |
| White winter | 198 | -4 | -3 | -38 |
| All winter wheat | 1,248 | +21 | +25 | +144 |
| Durum | 59 | +2 | +2 | -5 |
| Other spring wheat | 505 | +55 | +59 | +23 |
| All wheat | 1,812 | +78 | +83 | +162 |
| All data in million bushels | ||||
| USDA estimates for US wheat production, 2023 | |||
| Crop | Production estimate | Difference from previous estimate |
Difference from market forecast |
| Hard red winter | 16.36 | +0.44 | +0.46 |
| Soft red winter | 12.22 | +0.24 | +0.30 |
| White winter | 5.39 | -0.11 | -0.08 |
| All winter wheat | 33.97 | +0.57 | +0.68 |
| Durum | 1.61 | +0.05 | +0.05 |
| Other spring wheat | 13.74 | +1.50 | +1.61 |
| All wheat | 49.31 | +2.12 | +2.26 |
| All data in million tonnes | |||
| USDA estimates for US grain inventories, as of September 1 | ||||
| Crop | Stocks | Difference from September Wasde |
Difference from market forecast | Difference from year before |
| Corn | 1,361 | -91 | -68 | -16 |
| Soybeans | 268 | +18 | +26 | -6 |
| All wheat | 1,780 | n/a | +8 | +2 |
| All data in million bushels | ||||
