Wheat: USDA Report – July 2025
12-Jul-2025 09:10 AM
Wheat: USDA Report – July 2025
★ In the United States, beginning stock and production estimates were raised at the start of the season. However, with an increase in exports, the ending stock was also revised upward in the July report.
★ According to the USDA, global ending stock of wheat is projected at 2615.2 lakh tonnes, which is 12.4 lakh tonnes lower than the previous estimate.
★ A reduction of 10 lakh tonnes in Canada’s wheat production is the main reason behind the expected drop in global ending stocks.