US Wheat Stocks

AgResource is in agreement with USDA in projecting final 2021/22 US wheat end stocks at 655 Mil Bu, vs. 805 Mil in 2020/21. There‚Äôs no doubt feed use will have been minimized in the Mar-May quarter. Using FGIS export data for the month of May as well as the relationship between Census/FGIS exports, final 21/22…