Washington, DC
January 12, 2007
Source:
US Wheat Associates
Wheat Letter
Joe Sowers, USW Marketing Specialist
Two recent storms replenished soil moisture in much of the
drought stricken Southern Plains and this week forecasters
predicted more precipitation. And that moisture will help
significantly more planted acres of wheat this year. Trade
sources this week estimated the winter wheat crop at nearly 18
million hectares (MHa) or nine percent more than last season.
A storm forecast today through the weekend should affect
northern Texas, Oklahoma, Kansas and Colorado. However, crop
conditions have not improved much since USDA's last report
November 26, 2006. In Texas, 80 percent of the wheat rates fair
to excellent. That estimate is down from 86 percent in November,
but it is a big step up from November 2005 when only 51 percent
of Texas wheat rated fair to excellent.
There is some ice cover in parts of western Kansas that is a
concern – and the storm this week may come as freezing rain
instead of snow. Aaron Harries, Kansas Wheat Commission Director
of Marketing, reports that 92 percent of Kansas wheat rates fair
to excellent, unchanged from November and slightly lower than
this time last year. “The wheat is dormant and still under
several inches of that moisture,” Harries says. “The improvement
will come in March when the crop starts growing again.”
The Northern Plains could use more snow, but crop conditions
there are better than this time last year. The November USDA
figures showed 96 percent of South Dakota’s winter wheat rated
fair to excellent compared to 84 percent last year.
SRW producers east of the Mississippi River had too much rain
last fall which slowed planting and emergence. At last report,
90 percent of Ohio wheat and 85 percent of Missouri wheat had
emerged compared to full emergence last year.
We do know winter wheat acres across the U.S. are up. A Reuters
analyst poll published this week predicts winter wheat acreage
at 17.9 MHa, up from 16.4 MHa in 2005. The poll suggested an
increase of nine percent HRW plantings (13 MHa compared to 11.9
MHa last year), eight percent more SRW (3.2 MHa) and six percent
more SW (1.7 MHa). USDA will release its initial estimates for
winter wheat plantings on January 12. |