Area under wheat in the United States are growing and prices

Crop insurance will also be one of the causes of activation of the sowing campaign after a poor harvest last year.

  It is expected that the new report will show growth USDA acreage under wheat in the U.S. amid rising wheat prices.


Crop insurance will also be one of the causes of activation of the sowing campaign after a poor harvest last year. The size of the area under wheat this season could be the largest in the last 4 years. According to preliminary estimates, the area can expand to 42.6 from 41.3 mln.akrov mln.akrov last season.

Area under the hard red winter wheat may rise to 30.1 mln.akrov, under the red flour - to 9.03 million acres. Ending stocks are estimated at 31 May in 741 mln.busheley. As of December 1, total stocks of wheat in the U.S. $ 1.6 billion bushels. As for the world ending stocks of wheat, the estimate is 174.6 million tons.