Wheat Report Positive

Posted by Chad Vorthmann on May 11, 2012 in Crops, Featured | 0 comments

According to the Colorado Wheat Growers, the Colorado winter wheat crop is projected at 92,250,000 bushels, on 2,250,000 acres (estimate) harvested. The estimated average yield is 41 bushels per acre. According to the USDA Crop Progress Report, last year the Colorado winter wheat crop was 78,000,000 bushels, with 2,000,000 acres harvested (2,300,000 acres were planted) with an average yield of 39 bushels per acre. This compares with the 10-year average of 2,395,000 acres planted, 2,070,000 acres harvested, average yield of 32.2 bushels per acre and total production of 68,230,000 bushels.

The estimate of 92,250,000 can go up or down from now until harvest based on whether Colorado receives timely rain. Many farmers anticipate harvest will start early this year, beginning perhaps as early as mid-June in the southeastern part of the state, where harvest would typically start at the end of June. Harvest has already started in some parts of Texas and Oklahoma.