Are the Market Lows in for Wheat?

Authors

Lynn Lutgen, University of Nebraska-Lincoln

Date of this Version

7-14-1999

Document Type

Newsletter Issue

Citation

Cornhusker Economics, July 14, 1999, agecon.unl.edu/cornhuskereconomics

Comments

Copyright 1999, University of Nebraska.

Abstract

On July 12, 1999, the United States Department of Agriculture released its crop production report. The report indicated that all wheat production is down nine percent from 1998. The 1999 United States wheat crop is now estimated at 2.333 billion bushels, which is 217 million less than the 1998 harvest.