Fixes based on review

Author: Mike

pandas/io/excel/_base.py

@@ -855,9 +855,9 @@ def __init__(self, path_or_buffer, engine=None):
 
         if engine == "xlrd":
             warnings.warn(
-                "xlrd is deprecated. Maintained engines: 'openpyxl' or 'odf'.",
+                'The Excel reader engine will default to "openpyxl" in the future. \
+                 Specify engine="openpyxl" to suppress this warning.',
                 FutureWarning,
-                stacklevel=2,
             )
         if engine not in self._engines:
             raise ValueError(f"Unknown engine: {engine}")

pandas/tests/io/excel/test_xlrd.py

@@ -43,17 +43,15 @@ def test_excel_table_sheet_by_index(datapath, read_ext):
             pd.read_excel(excel, sheet_name="asdf")
 
 
+# See issue #29375
 def test_excel_file_warning_with_default_engine(datapath):
     path = datapath("io", "data", "test1.xls")
-    with tm.assert_produces_warning(
-        FutureWarning, check_stacklevel=False, raise_on_extra_warnings=False
-    ):
+    with tm.assert_produces_warning(FutureWarning):
         pd.ExcelFile(path)
 
 
+# See issue #29375
 def test_read_excel_warning_with_default_engine(tmpdir, datapath):
     path = datapath("io", "data", "test1.xls")
-    with tm.assert_produces_warning(
-        FutureWarning, check_stacklevel=False, raise_on_extra_warnings=False
-    ):
+    with tm.assert_produces_warning(FutureWarning):
         pd.read_excel(path, sheet_name="Sheet1")