Transcription of World Agricultural Supply and Demand Estimates
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World Agricultural Supply and Demand Estimates
World Agricultural Supply ISSN: 1554-9089. and Demand Estimates Office of the Agricultural Marketing Service Economic Research Service Chief Economist Farm Service Agency Foreign Agricultural Service WASDE - 622 Approved by the World Agricultural Outlook Board March 9, 2022. NOTE: Russia's recent military action in Ukraine significantly increased the uncertainty of Agricultural Supply and Demand conditions in the region and globally. The March WASDE. represents an initial assessment of the short-term impacts as a result of this action.
The 2021/22 U.S. wheat supply and demand outlook is for lower supplies, unchanged domestic use, reduced exports, and higher ending stocks. Supplies are lower because imports are reduced 5 million bushels, all for Hard Red Spring wheat, on a slower-than-expected pace. Exports are reduced 10 million bushels, down to 800 million, on weaker
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