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United States · USDA NASS

US hard red winter wheat: yield nowcast

Seven Great Plains states, weighted by harvested acres. From May the bar is USDA's own Crop Production forecast.

2012–2026seasons backtested, retrained each year on earlier seasons only
3.87bu/ac RMSE on 1 Apr (trend 5.76)
3.02bu/ac RMSE on 1 Jul (trend 5.76)
83%of final yields inside the 80% interval, all dates

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Every forecast, season by season

Pick a harvest year, a forecast date and a region. Everything updates: the forecast with its 80% interval, how the view moved through the season, and how this forecast date has scored over all seasons.

From orbit NOAA satellites

The crop, seen from space

Weekly vegetation health over the wheat area, 4 km pixels masked to wheat fields. Shown for context: the nowcast for this origin does not rely on them (it uses USDA crop condition ratings). All origins on the satellite page →

This season against every season since 2000

VHI combines greenness (VCI) and heat stress (TCI); below 40 the crop is under stress.

Every season, week by week

Red: stress. Blue: healthy canopy.

Does the satellite see the yield?

Correlation r = 0.85 over 15 seasons.

Market link

Does the nowcast see the USDA report coming?

The nowcast calls the direction of the May report well. Later revisions are harder, and the HRW yield alone explains little of the futures move: the price trades the world balance, covered on the Markets page.

Report-day volatility
1.4×
KC HRW futures, vs normal days
Move explained by the yield revision
5%
R², report-day return on USDA revision
May report: direction called
100%
14 seasons, nowcast vs trend
All reports: direction called
59%
49 reports, May–August

Futures move vs USDA revision

One point per Crop Production report, 2012–2026.

Our day-before call vs the revision

Reference: trend for May, previous USDA forecast after.