Title page
Contents
Domestic Outlook 2
International Outlook 7
Table 1. U.S. wheat supply and use at a glance 2023/24 and 2024/25 (in million bushels) 4
Table 2. Month-to-month changes in 2024/25 global wheat consumption (1,000 metric tons), June 2024 9
Figure 1. U.S. wheat exports, 2019/20-2024/25 1
Figure 2. Combined good/excellent ratings for key winter wheat producing-States, 2023 and 2024 5
Figure 3. U.S. winter wheat areas in drought as of June 4, 2024 6
Figure 4. Month-to-month change in 2024/25 wheat production, June 2024 7
Figure 5. Month-to-month change in 2024/25 wheat trade, June 2024 8
Figure 6. Global wheat ending stocks, 2015/16-2024/25 10