Weekly Crop Report May 25, 2023 – Overall a very good Crop Report – Record Winter Wheat Abandonment but non-US Producers respond to the opportunity.
This article is based primarily on the May 23, 2023, USDA Crop Bulletin which covers the May 15 – 21 period of time. The USDA report becomes available on Tuesdays. I will try to publish this article Tuesday night for viewing Wednesday morning but I am one day late this week.
Included in the USDA Crop Bulletin was information on the highest percentage abandonment of Winter Wheat since 2017. I included a link to additional information on this somewhat worrying trend. This year, drought in Kansas was a major factor in this. But it is more complicated than that.
The article includes a short international review of agricultural conditions.
It is still early in the season but we beginning to have information on most crops. And overall it looks like a very good year developing.
