Wheat
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.
U.S. wheat futures fell sharply on Wednesday following a report about efforts by the United Nations to restore Ukraine grain shipments along with news of potential Russian wheat exports.
Kansas City wheat scored record highs on Tuesday, exceeding the highs set in 2008.
What’s included in the White House’s recent Ukraine aid proposal? AgriTalk Host Chip Flory reads between the lines with the Biden administration’s Candace Vahlsing, as industry leaders examine the potential consequences.
The Biden administration is calling on Congress to provide additional resources overseas to “ensure Ukraine’s democracy prevails over Putin’s aggression,” including $500 million dedicated to domestic ag production.
Nearly 4 million acres of CRP expire this year. Secy. Vilsack wrote to National Grain and Feed Association’s Mike Seyfert to share converting CRP is “unfeasible.” However, Vilsack did offer one caveat in his letter.
Spring is officially here – and planting intentions are all the buzz. Here’s seven different acreage estimates for corn, soybeans and wheat.
Russia may suspend exports of wheat, barley, corn and rye starting Tuesday and lasting until June 30, the Interfax news agency reported on Monday, citing the agriculture ministry.
Crude oil hit a 13-year high and wheat topped $13. With front-month soybeans soaring past $17, and corn nearing the $8 mark, the crisis in Ukraine means food and fuel inflation fears are also heating up.
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.
Wheat futures were fueled by the ongoing Russia-Ukraine crisis on Wednesday. As a result, front-month wheat contracts hit daily trading limits and soared to a 14-year high.
Chicago wheat futures rose sharply on Monday after hitting 13-1/2 year highs on Friday, lifted by concern that Russia’s invasion of Ukraine and Western sanctions will continue to disrupt Black Sea region grain exports.
The Russia-Ukraine crisis sent wheat prices skyrocketing 50 cents higher, with corn up 30 cents at one point Thursday. Crude oil also soared above $100 per barrel, hitting the highest level since 2014.
As of mid-December, a significant portion of U.S. wheat acres are experiencing drought.
Balance prices and soil health for success.
Recent moisture in the Plains combined with quota talk in Russia, is helping continue the bullish outlook for wheat. DuWayne Bosse of Bolt Marketing thinks both winter and spring wheat acres are set to rise.
Chicago Board of Trade wheat futures climbed to a three-month high on Thursday after the U.S. Department of Agriculture slashed global production estimates.
USDA shows only 9% of the spring wheat crop is rated good to excellent. 66% is rated poor to very poor. USDA Meteorologist Brad Rippey says you have to go back to 1988 to find a spring wheat crop rated this poor.
U.S. corn and soybean futures climb to multi-year highs and wheat futures are up on tight supplies and weather woes.
Wheat prices saw strength last week, as worries about the 2021 crop continue to grow. With concerns about planting spring wheat this year, it’s a factor that could strain already tighter supplies.
The U.S. Agriculture Department likely rated the U.S. winter wheat crop as 53% good to excellent, according to an average of estimates given by nine analysts in a Reuters survey ahead of a government report on Monday.
Farmers Nathan Neameyer and Paul Overby, along with researcher Mike Ostlie, are intercropping innovators intent on finding crop combinations that translate to a whole greater than component parts.
When Jack Shoup refused to pay late fees to the Iowa Soybean Association on tardy checkoff payments as the first purchaser of grain at Dinsdale Elevator, he drew a straight line in his Reinbeck dirt and prepared for a legal battle.
Alec Horton begins every wheat crop aiming for 100 bu. per acre dryland yield through seed treatments, proper seeding rates, tiller promotion, vegetative growth reduction and moisture conservation. However, he didn’t see a 121.48-bushel bin buster in the cards when he planted “Joe” in the fall of 2015.
Groups hope more farmers will choose wheat to boost national acres
Technology expands market possibilities and profit potential for straw
Peter Blezard believes the most significant technological leap in agriculture for 100 years is waiting on the cusp of farmland -- nitrogen fixation. If he’s correct, agriculture may have an opportunity to reduce nitrogen fertilizer use by 50% in all major global food crops within a decade.