holdemstrategy| U.S. wheat planting area in 2024/2025 is expected to reach 47.5 million acres: output of 1.858 billion bushels

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[U.S. wheat supply and demand forecast data released]

The U.S. Department of Agriculture's latest May Supply and Demand Report provides a series of important data on U.S. wheat planting and production. report predictsholdemstrategyIn 2024/2025, wheat planting area will reach 47.5 million acres, while the harvested area is expected to be 38 million acres, and the yield per unit is expected to be 48.holdemstrategy.9 bushels per acre.

According to the report, wheat production in 2024/2025 is expected to be 1.858 billion bushels, and total supply is expected to be 2.665 billion bushels. Total wheat consumption is expected to be 1.899 billion bushels, and ending stocks are expected to be 766 million bushels.

This report provides a comprehensive understanding of the supply and demand situation of wheat in the United States. For secondary market investors, these data may provide important reference information for wheat-related agricultural product (000061) futures trading.

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