The panel forecast soft white winter wheat production this year at 200,737,000 bushels.
The panel forecast soft white winter wheat production this year at 200.737 million bushels, down 2.486 million bushels, or 1.2%, from estimated 2017 outturn of 203.223 million bushels.
Though up from last year, if realized, the millers’ 2018 soft red winter wheat production forecast would be the second lowest (after last year) since 2010 and 23% below the 2013-17 average outturn of 403.890 million bushels. The soft white winter forecast, if realized, would be the lowest since 169.081 million bushels in 2015 but is 2.4% above the five-year average outturn of 196.130 million bushels.
The USDA will issue its first 2018 U.S. winter wheat production forecasts in its May Crop Production report.