According to the USDA's Crop Production Report, winter wheat production is forecast at 1.69 billion bushels, up 13 percent from 2011. The area expected to be harvested for grain or seed totals 35.6 million acres, up 10 percent from last year. Based on May 1 conditions, the United States yield is forecast at 47.6 bushels per acre, up 1.4 bushels from last year.

Hard Red Winter, at 1.03 billion bushels, is up 32 percent from 2011. Soft Red Winter, at 428 million bushels, is down 6 percent from last year. White Winter is down 9 percent from last year and now totals 233 million bushels. Of this total, 14.1 million bushels are Hard White and 219 million bushels are Soft White.