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US Wheat Futures - May 24 (ZWK4)

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US Wheat Futures Discussions

All wheat stored in all positions on March 1, 2022 totaled 1.02 billion bushels, down 22 percent from a year ago. On-farm stocks are estimated at 174 million bushels, down 39 percent from last March. Off-farm stocks, at 850 million bushels, are down 17 percent from a year ago. The December 2021 - February 2022 indicated disappearance is 353 million bushels, 10 percent below the same period a year earlier. Durum wheat stocks in all positions on March 1, 2022 totaled 29.7 million bushels, down 30 percent from a year ago. On-farm stocks, at 12.6 million bushels, are down 44 percent from March 1, 2021. Off-farm stocks totaled 17.1 million bushels, down 13 percent from a year ago. The December 2021 - February 2022 indicated disappearance of 12.3 million bushels is 37 percent below the same period a year earlier
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Wowzers on those stocks!
more info here: nass.usda.gov/Publications/...add the www in front lol
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