The U.S. Department of Agriculture released the Winter Wheat Production forecast for June 2026 and the USDA Chief Economist Justin Benevidez provides his observations on the forecast. “The decline in production, I’ve realized this is going to be some of the lowest production since 1965, our lowest production since that period. Last year, percent rated good to excellent was around 52 percent, …
Canada Expecting High-Volume Crop Season
Just as the United States is expected to harvest a bumper crop, according to the latest Department of Agriculture numbers, Canada is expecting a high-volume harvest as well. CNS Canada reports Canadian grain companies are bracing for a high-volume year. Grain companies say this year’s overall crop to be roughly equivalent to those of the past two years, when shipping …
Global Food Insecurity Expected to Drop
The USDA’s Economic Research Service recently issued a report showing a projected drop in global food insecurity. The drop is expected to be significant over the next decade. The report evaluates the food security status and outlook over the next ten years for 76 low-and-middle-income countries that either were or are still recipients of food aid. Projections show rising incomes …

