This statistic illustrates projections for the U.S. wheat total supply from 2010/2011 to 2032/2033. For crop year 2032/2033, total wheat supply in the United States is projected to be approximately 3,045 million bushels.

Forecast: Wheat Supply in Mexico 2023 - 2027 Discover more data with ReportLinker!

Wheat decreased 17.24 USd/BU or 3.13% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on March of 2025.

Forecast: Wheat Supply in China 2023 - 2027 Discover more data with ReportLinker!

In the marketing year of 2024/2025, the global production volume of wheat amounted to almost 793 million metric tons. This was an increase compared to the previous marketing year. Wheat in the U.S. The United States produces a large amount of wheat each year, a great deal of which is subsequently exported. In 2022/23, the country imported about 122 million bushels of wheat, while exporting 758 million bushels. North Dakota, Kansas, and Montana were the leading U.S. states in terms of wheat production in 2023. Post Shredded Wheat Post Shredded Wheat is a brand of breakfast cereal, made from whole wheat, owned by the American company, known as Post Consumer Brands. The brand comes in many varieties, including Frosted Shredded Wheat, Original Big Biscuit, and Original Spoon Size. When surveyed in 2020, roughly six and a half million American consumers consumed between one and four portions of regular Post Shredded Wheat for breakfast over the last seven days.

Explore the 2024/25 global wheat market forecast, highlighting supply, consumption, trade dynamics, and major importing countries.

In 2012-13, Australia exported 18.6 million tonnes of wheat with a value of around $6.3 billion, or around 16 per cent of the total value of rural exports. Previous ABARES analysis has identified wheat as one commodity where Australian producers may benefit from a significant increase in demand.

This study provides a detailed analysis of the wheat supply chains of the two biggest wheat producing states, Western Australia and New South Wales, with a focus on: • providing a snapshot of the existing wheat supply chains in these states, including estimates of supply chain costs • identifying current infrastructure impediments affecting the movement of wheat from farm to port • illustrating the potential impacts of increasing wheat production and rationalising the rail network on the shares of wheat transported by road and rail and the spatial pattern of road and rail use. ABARES is also undertaking other detailed assessments of the role of economic infrastructure in the supply chains of other major export commodities including beef and high value airfreight products.

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Wheat Market Size 2024-2028

The wheat market size is forecast to increase by USD 73.16 billion at a CAGR of 4.54% between 2023 and 2028.

The market is experiencing significant growth driven by the increasing trend towards plant-based diets and the expansion of retail stores offering organic wheat-based supplements. The vegan population is on the rise, leading to a surging demand for wheat-based food and health products. This shift in consumer preferences presents a lucrative opportunity for companies operating in the market. However, climate change and unpredictable weather patterns pose a significant challenge to market growth. Extreme weather conditions, such as droughts and floods, can negatively impact wheat production and lead to supply chain disruptions. As such, companies must adapt to these conditions by implementing sustainable farming practices and exploring alternative sourcing options to mitigate risks and ensure a consistent supply of high-quality wheat. Additionally, investing in research and development to create climate-resilient wheat varieties can help companies stay competitive and capitalize on the growing demand for sustainable agricultural practices.

What will be the Size of the Wheat Market during the forecast period?

Request Free SampleThe market encompasses the production, trade, and consumption of various wheat types, including hard white and soft white wheat, primarily used in food crops for baked goods and snack foods. Wheat, scientifically known as Triticum aestivum, is rich in essential vitamins and minerals, such as Vitamin A, B6, and carotene alpha. The market's size is significant, with applications ranging from animal feed to industrial uses, biofuel production, and premium baked goods. Wheat production faces challenges such as pesticide use, mycotoxin levels, and disease resistance. Consumer preferences are shifting towards organic and clean-label products, driving innovation in the sector. Durum wheat, a key component in pasta and craft beer production, is also gaining attention. Sustainability concerns, including the environmental impact of fossil fuels and the Westernized diet's role in health issues, are influencing market dynamics. Government regulations, digital marketplaces, and e-commerce platforms are shaping the market's future direction.

How is this Wheat Industry segmented?

The wheat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationHumanFeedTypeHard red winterHard red springSoft red winterOthersGeographyAPACChinaIndiaPakistanEuropeRussiaMiddle East and AfricaNorth AmericaUSSouth America

By Application Insights

The human segment is estimated to witness significant growth during the forecast period.Wheat is a significant cereal grain, serving as a primary food source for numerous populations worldwide. As a major carbohydrate provider, wheat contains essential nutrients, including protein, vitamins, soluble fiber, and phytochemicals. The versatility of wheat extends beyond human consumption, as it is also utilized in food processing industries for the production of refined wheat flour, pasta, noodles, and beverages. Wheat's nutritional benefits have led to its widespread use in various cuisines and industries. However, it's important to note that wheat contains gluten, which can trigger allergic reactions in some individuals. Additionally, sustainability is a growing concern in the wheat industry, with research focusing on innovative farming techniques, irrigation methods, soil health, and pest control to ensure efficient production and minimize environmental impact. Wheat's demand is influenced by population growth, food industry trends, and consumer preferences, leading to fluctuations in prices and challenges to food security. The market is influenced by factors such as market supply, demand, production costs, and trade policies. Wheat's importance extends to the food industry, with applications in poultry feed, food additives, and processed foods. Food safety standards, distribution networks, and agricultural technology play crucial roles in ensuring the quality and affordability of wheat and wheat products.

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The Human segment was valued at USD 117.11 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 50% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Wheat is a significant agricultural commodi

Graph and download economic data for Visible Supply of Wheat for United States (M0501CUSM391NNBR) from Jan 1888 to Dec 1905 about wheat, supplies, and USA.

Wheat prices are declining due to expectations of record global supply and a strong US dollar, marking the longest loss streak in over five months.

Forecast: Wheat Supply in Indonesia 2023 - 2027 Discover more data with ReportLinker!

The monthly average price for normal wheat in Egypt amounted to 22.05 Egyptian pounds (0.71 U.S. dollars) per kilogram as of May 2023. During the period reviewed, the price was the highest ever recorded and increased slightly compared to the previous month, registering a growth of almost 1.9 percent. In November 2019, the average price dropped by one Egyptian pound and stayed constant until May 2020 before fluctuating and increasing in general. The previous relative stability in wheat prices was caused by the extensive involvement of the Egyptian government in all parts of the wheat value chain.   

A major crop for the Egyptians     

Grains constitute Egypt's most important crop group, with wheat as the most important grain of all. In 2021, the country produced nine million metric tons of the crop. Yet Egyptians consumed more than twice that number. The grain is fundamental to the Egyptian population's food staple. In order to meet a demand that is higher than the local production, the country imports the majority of its wheat. In fact, Egypt has held its position as the largest wheat importer globally for years.

Several shocks to the Egyptian grain market     

The increases in the crop's price since September 2021 were a result of several reasons. The increases in the global average price of cereals, as well as crops affected by weather conditions in major export nations were among the main causes. Furthermore, the Russia-Ukraine war has severe implications on the wheat supply globally and in Egypt. Both countries are leading wheat import partners of Egypt, aggregating 85 percent of the country's wheat imports in 2020. As of the same year, the volume of wheat imported from Russia stood at 14 million metric tons.

For the marketing year 2019/20, Mexico was estimated to destine 0.56 million metric tons of its wheat supply for use as animal feed. During the same period, Argentina's use of wheat for animal feed was expected to reach 0.48 million tons.

Prices are a fundamental component of exchange and have long been important to the functioning of agricultural markets. Grain prices are closely related to grain transportation, where the supply and demand for grain simultaneously determines both the price of grain, as well as the demand for grain transportation.

This data has corn, soybean, and wheat prices for a variety of locations. These include origins—such as Iowa, Minnesota, Nebraska, and many others—and destinations, such as the Pacific Northwest, Louisiana Gulf, Texas Gulf, and Atlantic Coast.

The data come from three sources: USDA-AMS Market News price reports, GeoGrain, and U.S. Wheat Associates. Links are included below. GeoGrain offers granular data for purchase. The GeoGrain data here is an average of those granular prices for a given state (and the "Southeast" region, which combines Arkansas, Mississippi, and Alabama).

This is one of three companion datasets. The other two are grain basis (https://agtransport.usda.gov/d/v85y-3hep) and grain price spreads (https://agtransport.usda.gov/d/an4w-mnp7). These datasets are separate, because the coverage lengths differ and missing values are removed (e.g., there needs to be a cash price and a futures price to have a basis price).

This statistic shows the total supply of grain in the United States from 2001 to 2022. According to the report, the total U.S. grain supply amounted to approximately 505.6 million metric tons in 2021.

Forecast: Wheat Supply in Angola 2022 - 2026 Discover more data with ReportLinker!

United States Commodity Supply: Grains: Wheat data was reported at 83.786 Metric Ton mn in 2017. This records a decrease from the previous number of 92.597 Metric Ton mn for 2016. United States Commodity Supply: Grains: Wheat data is updated yearly, averaging 79.719 Metric Ton mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 109.319 Metric Ton mn in 1986 and a record low of 53.804 Metric Ton mn in 1966. United States Commodity Supply: Grains: Wheat data remains active status in CEIC and is reported by US Department of Agriculture. The data is categorized under Global Database’s USA – Table US.B069: Agricultural Demand and Supply Estimates.

Wheat domestic supply of Togo dropped by 10.73% from 177 thousand tonnes in 2021 to 158 thousand tonnes in 2022. Since the 5.44% jump in 2019, wheat domestic supply went up by 1.94% in 2022. Default composition: 15 Wheat, 16 Flour of Wheat, 18 Macaroni, 20 Bread, 21 Bulgur, 22 Pastry, 23 Starch of Wheat, 41 Breakfast Cereals, 110 Wafers; nutrient data only: 17 Bran of Wheat, 19 Germ of Wheat, 24 Gluten of Wheat, 114 Mixes and Doughs, 115 Food

Learn about the top producers of wheat in the world, including China, India, Russia, the United States, Canada, and Australia. Discover the factors that influence wheat production levels and the importance of global wheat supply for food security.

This statistic shows the states with the highest wheat production in the United States in 2023 and 2024. North Dakota was ranked as the first leading wheat production state with about 367.7 million bushels produced in 2024 and just under 307 million bushels in 2023. Wheat production Wheat is the second most important grain that is cultivated in the United States, following only corn. Wheat is a cereal crop that can be classified into five major classes. These five wheat classes include hard red winter, hard red spring, soft red winter, white, and durum wheat. Each class has a different end-use and the cultivation tends to be region-specific. Hard red winter wheat is mainly grown in the Great Plains area ranging from Montana to Texas. This type is primarily used for the production of bread flour. Hard red spring wheat is mostly cultivated in the Northern Plains area. Their wheat ears are mainly taken for protein blending purposes. Durum wheat, which is primarily grown in North Dakota and Montana, is known for their excellent qualities for producing pasta. The wheat class everyone knows from their breakfast cereal is named white wheat. Almost every U.S. state is involved in agricultural wheat production. The latest statistics show that North Dakota, Kansas and Montana were the leading wheat producing states among the United States.