Wheat
Several grain companies announced plans to stop Russian grain exports as of July 1. As Russia tries to take control of its domestic grain industry, analysts think it will ultimately hurt Russian grain farmers.
The weather forecast shows more farmers could start planting next week, and as farmers hit the fields, analysts want farmers to not lose sight of marketing opportunities during their busiest time of year.
The Office of the U.S. Trade Representative’s latest report shows top U.S. wheat importers could see a shake-up if trade barriers aren’t addressed.
As Ontario, Canada farmer Julie Maw scouts her wheat fields, it’s the moment of truth for the record number of acres planted across the province this year.
Wet weather in the Northern Plains and Upper Midwest is sparking conversations about a growing number of prevent plant acres this year. Is it too early to start conversations about the possibility of prevent plant?
An early look at the report shows the House Ag Committee could push for improvements to the current safety net within Title I of the farm bill and move away from relying on Congress to approve ad hoc disaster aid.
Farm Bureau finds 2022 weather events added up to 18 weather and climate disasters, each with damages exceeding $1 billion.
BASF announced it’s halting the development of hybrid wheat in North America, a move NAWG fears could ultimately drive wheat acres out of the U.S., unless more public and private investments into R&D are made.
Russia is now saying it will only extend its Black Sea grain deal if sanctions are lifted on its own agricultural products. The deal, which was brokered last year, allowed for safe passage of Ukrainian ag products.
Traders said that the recent sell-off may have sparked some buying interest from importers that had viewed U.S. corn as too expensive when compared to supplies from other countries.