Key Market Indicators
American wheat consumption is expected to grow slightly to 27 million metric tons by 2026. Demand has been increasing at an average rate of 0.1% since 2017. At the same time, American wheat production is set to decline in the coming years, falling from over 50 million metric tons in 2021 to 48 million metric tons by 2026. The supply has been decreasing at an average rate of 4.2% since 1966.