US Spring Wheat Crop may exceed July Estimate – 07/19/2022

This week 71 % of the US spring wheat crop is in good or excellent condition which compares to just 11% in the same week a year ago the 25-year average of 63%. A model based on the mid July rating and trend suggests a national average spring wheat yield of 49.5 bushels per acre compared the USDA July  estimate of 46 bushels per harvested acre. Assuming the same harvested area estimate as USDA. the 2022 US spring wheat crop would rise to 625 million bushels compared to the  USDA  July estimate of 580 million bushels and 368 million bushels a year ago..