DJ USDA Report: World Agricultural Supply and Demand Estimates
Office of the Chief Economist
Agricultural Marketing Service
Farm Service Agency
Economic Research Service
Foreign Agricultural Service
Approved by the World Agricultural Outlook Board
JUNE 11, 2026
“WASDE – 672
WHEAT: The U.S. wheat outlook for 2026/27 projects smaller supplies and, with no other changes to the balance sheet, lower ending stocks. Supplies are reduced on decreased output as all wheat production is projected at 1,543...
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