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US soft red winter wheat forecast at 405 million bushels

A panel of flour millers and wheat merchandisers on April 25 forecast soft red winter wheat production in the United States in 2023 at 404.923 million bushels, up 68.297 million bushels, or 20%, from 336.626 million bushels in 2022. The soft red winter wheat crop as projected would be the largest dating back to the 2014 crop year, when 454.531 million bushels were harvested, and the second largest since a recent production peak of 568.481 million bushels in 2013.