IDAHO WHEAT COMMISSION

News

Planted Acreage Uncertainty Disrupts U.S. Grain Markets

Idaho wheat farmers have planted about 1.16 million acres of wheat this year, just a slight decrease from last year's 1.17 million acres. Assuming normal weather as the winter wheat crop progresses and spring wheat crops are seeded, wheat futures could feel a downward tug in early summer. While analysts expect wheat price weakness this summer, the near-term outlook is described as less bearish.