AgResource 2023 June Stocks & Acreage Analysis
Assuming NASS winter wheat yield data in June and trend HRS yield, SRW and HRS stocks/use will be building slightly, while HRW stocks/use collapses to just 22%. Note that NASS acreage data implies an HRW crop of 505 Mil Bu, vs. 531 Mil last year, and SRW crop of 395 Mil, vs. 337 last year,…