USDA is projecting an increase in U.S. wheat production
despite winter wheat acreage at its lowest level in more than a century.
Jennifer Bond, an analyst with the department, says production should be up about one percent year-to-year because of a larger percentage of harvested acres combined with trend yields.
“And also a bit of an expansion in the sum of spring and durum plantings.”
She expects prices to influence northern growers to plant
more wheat and fewer soybeans in 2019.