Kansas Wheat Crop Seen Rebounding 19% to Add to Global Surplus
- Second straight year of rain offsets 7.6% drop in area planted
- Chance for best-ever crop if cool. dry weather prevails
This article is for subscribers only.
The wheat harvest in Kansas will rebound 19 percent this year, according to findings from a crop tour, meaning favorable weather in the largest U.S. grower of the grain will likely exacerbate a global glut.
Output will rise to 382 million bushels, according to the average estimate of participants Thursday on a three-day annual crop tour organized by the Wheat Quality Council. That compares with the U.S. Department of Agriculture’s 2015 estimate of 322 million, after growers planted 7.6 percent less last September. Before the tour, the average of analysts’ estimates compiled by Bloomberg forecast that output would drop to 319 million.