[vc_row][vc_column][vc_column_text]American Consumers increasingly opt in for gluten free options for their bread baskets, on a daily basis. Faced with lower prices and decreasing demand, wheat farmers are poised to plant lesser acres of winter wheat varieties which is a 110 year low according to researchers at Bloomberg Survey.
Analysts are predicting another year of decline in acreage the US wheat industry. This is coming in the face of stiff competition from global rivals gathering bumper crops. World supplies are so plentiful that futures for hard red winter wheat are down about 15% in 2019, one of the worst performances for commodities this year.
As of end of October 2019, U.S. farmers had planted 85% of their winter wheat, up from 77% at the same time in 2018, according to U.S. Department of Agriculture data.[/vc_column_text][vc_single_image image=”691″ img_size=”full” add_caption=”yes” alignment=”center” onclick=”custom_link” link=”https://www.rssupply.com/product-category/ibc-totes-plastic-wine-tank-wine-shipping-containers/” css=”.vc_custom_1572465475469{margin-top: 40px !important;margin-bottom: 40px !important;}”][vc_column_text]However, rains in parts of the Midwest may hamper the last phase of sowing. Some growers who double-crop wheat in soybean fields might not be able to harvest their soy in time to seed wheat. That could result in fewer planted acres of the soft red winter varieties of wheat.
Planted acres of all varieties of winter wheat are forecast to decline to 31.118 million, according to a Bloomberg survey of six analysts. That would be down from 31.159 million a year ago and above only the 29.196 million acres from 1909, the first year in USDA records. The agency won’t make an official estimate until January.
The low wheat prices have given way to other options which is more attractive and lucrative to farmers across the US. In some parts of the southern plains of USA, wheat is now cheaper than corn, making corn a better option for some. The yellow grain has gained much more allure in the market. Whereas In the Texas Panhandle, farmers are turning to cotton instead of wheat, says many researchers and industry experts.[/vc_column_text][/vc_column][/vc_row]