# USDA Reports Smallest U.S. Harvested Area in 127 Years

> USDA's September 30 Small Grains Summary put 2017/18 US wheat production at 47.4 million tonnes (1.74 billion bushels), down 25% year over year, on the smallest harvested area since 1890. Beginning stocks are the largest since 1988/89 and partly offset the lower output.

- Date: 2017-11-01 · published 2017-11-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/68504-usda-reports-smallest-u-s-harvested-area-in-127-years
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Production is sharply lower, but record-level carry-in stocks cushion supply and limit the price impact. Wheat remains a feed alternative to corn, so its tight-but-stocked balance matters for feed costs.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-01-12 | [USDA Sees Record Corn Yield in Friday's Latest Reports](https://feedsoft.ai/events/32068-usda-sees-record-corn-yield-in-friday-s-latest-reports.md) | +0.4% | -1.5% |
| WHEAT | 2018-09-12 | [USDA Reports Update](https://feedsoft.ai/events/62875-usda-reports-update.md) | -6.9% | -6.6% |
| WHEAT | 2018-06-12 | [USDA Reports Flash](https://feedsoft.ai/events/64479-usda-reports-flash.md) | -0.9% | -6.9% |
| WHEAT | 2021-07-01 | [Bumper U.S. Corn and Soybean Harvests Are Within Reach](https://feedsoft.ai/events/45919-bumper-u-s-corn-and-soybean-harvests-are-within-reach.md) | -2.7% | -4.7% |
| WHEAT | 2018-05-09 | [USDA Reports Preview](https://feedsoft.ai/events/65067-usda-reports-preview.md) | -1.1% | +2.2% |
| KWHEAT | 2017-11-30 | [USDA Reports Offer Early Snapshots of 2018/19 U.S. Winter Wheat Crop - U.S. Wheat Associates](https://feedsoft.ai/events/68036-usda-reports-offer-early-snapshots-of-2018-19-u-s-winter-wheat-crop-u-s-wheat.md) | -1.8% | +3.3% |
| KWHEAT | 2025-04-08 | [We can expect a larger wheat harvest in the EU this year - Trademagazin](https://feedsoft.ai/events/25052-we-can-expect-a-larger-wheat-harvest-in-the-eu-this-year-trademagazin.md) | -0.7% | -6.2% |
| KWHEAT | 2023-05-15 | [USDA sees 26pc drop in Australia's new-crop wheat - Grain Central](https://feedsoft.ai/events/35906-usda-sees-26pc-drop-in-australia-s-new-crop-wheat-grain-central.md) | -7.6% | -10.7% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/usda-reports-smallest-u-s-harvested-area-in-127-years/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
