The USDA sees an increase in spring wheat acreage.
Farmers are expected to plant 11.335 million acres of non-durum spring wheat in 2024, above analysts’ expectations and 1% more than in 2023, with most of that hard red spring.
Total wheat acreage is estimated at 47.498 million acres, 4% lower, with a 7% decrease for winter wheat to 34.135 million acres.
The projection is subject to change and will likely be impacted by weather.
