Wheat
A survey commissioned by U.S. Wheat Associates shows that wheat promotions are paying off. From 2000 to 2007, U.S. wheat growers invested an average of $10 million per year to promote wheat products overseas. For every dollar invested, growers received $23 back in increased net revenue, the analysis says.
Know the conditions most at risk and how to check for winterkill
Jared Creed of JJC Marketing Services talks with U.S. Farm Report’s Tyne Morgan about wheat exports and the winter wheat crop.
(Reuters) - A worsening drought in the southern U.S. Plains is threatening the region’s winter wheat crop just as the Russian invasion of Ukraine dents global supplies.
70 MPH winds swarmed West Texas and the Panhandle Tuesday. It may be the final nail for irrigated winter wheat that was already barely hanging on. The aftermath was evident, with drifts of dirt piled up in ditches.
As much of the Plains thaws out from the winter weather that gripped the country last week, concerns are continuing to sprout about potential damage to winter wheat.
About 73% of the winter wheat crop has been harvested as farmers are accelerating harvest in the north, which has faced major drought impacts.
Hard Red Spring wheat ratings in the good to excellent categories dropped from 20% to 16% this week, compared to a five-year average of 66%.
Winter wheat planting season is underway, but with drought still lingering in parts of wheat country what will that mean for acreage this fall, especially with base prices for crop insurance above a year ago?
Russian President Vladimir Putin claims Ukraine is cheating on the UN-brokered export agreement and is vowing to look at revising the terms of the deal that allow Ukraine to export its grain via the Black Sea.
Prices have cooled from 14-year highs, but interest remains high for farmers to increase wheat acres or add the crop back to their mix.
Chicago Board of Trade wheat futures fell on Wednesday, touching a six-month low with traders saying that newly harvested supplies were able to meet the current global demand.
U.S. estimates show global wheat levels are stockpiled at 33% of annual consumption. Gro Intelligence says the world’s numerous economic crises prove government estimates are “not adding up.”
By Jonathan Spicer and Michelle Nichols ISTANBUL/UNITED NATIONS, July 21 (Reuters) - Ukraine, Russia, Turkey and U.N.
With little to no diesel readily available to fuel harvest, wheat and other grains languish in the country’s fields. One analyst says he expects the global wheat market will be shorted 10 million metric tons.
The outlook for Nebraska’s winter wheat crop is in question as the combines start to roll.
The start of summer also ushers in the steady rhythm of wheat harvest across the plains. What typically is picture-perfect setting of beauty from amber waves of grain is one that shows the scars of drought.
With threats to global food supplies, ag companies are stepping up to ensure wheat has a seat at everyone’s table. Embrapa is taking a shot at filling the wheat void through GMO wheat trials.
Tensions between Russia and the West are escalating as Russian President Vladimir Putin warned that Moscow would strike new targets if the U.S. supplied long-range missiles to Ukraine, according to Russian state media.
We’ve all heard the phrase, “the greatest thing since sliced bread,” but where did it begin? It was an inventor named Otto Rohwedder who knew he could improve on the whole loaf of bread.
Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine, in return for the lifting of some sanctions, Interfax news agency reported, citing Russian Deputy Foreign Minister.
After making it through the spring planting season, sometimes with the help of bulletproof vests and helmets, Ukraine’s farmers are facing another challenge – finding enough diesel for the harvest to come.
Russian wheat export prices rose last week following higher wheat prices in Paris, analysts said on Monday, adding that the country’s exports continued to slow down due to seasonal factors.
Kansas City wheat scored record highs on Tuesday, exceeding the highs set in 2008.
The government of India, the world’s second-biggest wheat grower, announced Saturday a move to mostly prohibited exports, saying that the nation’s food security is under threat.
USDA’s first Crop Progress Report of the year showed only 27% of the nation’s winter wheat crop is rated “good,” far below the trade’s expectations. The numbers show the battle against drought is brutal in winter wheat.
Ukraine has only recently become a corn and soy export competitor, but was the breadbasket of Europe for centuries. Ukraine has about two-thirds of the richest soils in continental Europe.
Just as wheat prices hit a new all-time high, the March contract was spooked, as profit taking caused the front-month contract to drop more than 80 cents in minutes. Despite that, the fundamental story hasn’t changed.
Soft Red Winter (SRW) futures hit an all-time high Friday, as consecutive limit up trading days meant wheat prices topped a previous high set in 2008.
Drought covering the continental U.S. grew by 2 points this week, now covering nearly 60% of the country. As the drought grips the Wheat Belt and key areas for cattle production, it’s creating concern for 2022.