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USDA's 2024 Crop Production Annual Summary showed most Oklahoma row crops down in production. The Winter Wheat Seedings report put Oklahoma winter wheat at 4.25 million acres, down about 2% year on year, Texas up about 6% to 5.8 million acres, and Kansas down about 3% to 7.4 million acres.
Lower Kansas and Oklahoma winter wheat area tightens HRW supplies modestly, supporting hard red wheat prices used in feed blends.
oklahomafarmreport.comAimee CarlisleJan 10, 2025After 180 past bullish report events, KWHEAT moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.
After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
