South Dakota Wheat
U.S. wheat carryover on June 1, 2012, was projected at 793 million bushels, down 32 million bushels, or 4%, from 825 million bushels forecast in March and down 69 million bushels, or 8%, from 862 million bushels in 2011, the U.S. Department of Agriculture said in its April 10 World Agricultural Supply and Demand Estimates.
The decrease was the result of a 35 million bushel increase in projected 2011-12 feed and residual use only partially offset by a 3 million bushels decrease in seed use.
The projected USDA 2012 wheat carryover number was near the average trade expectation of 796 million bushels.
Wheat Food Council
Home Baking Association
SOUTH DAKOTA WHEAT COMMISSION
Box 549 | 116 North Euclid | Pierre, SD 57501 | 605.773.4645 | firstname.lastname@example.org