wheat exports

In it’s most recent report, USDA is forecasting lower domestic wheat production.

Back in the 1980s and 1990s, for Russia to feed its people, they had to purchase a large amount of U.S. grain, particularly wheat.  However, a lot has changed over the past 30 years.   “Russia has emerged over the past few decades to be the dominant global supplier of wheat," noted USDA Outlook chairman Mark Jekanowski.  He added roughly 25% of...

The USDA’s 2022-2023 September wheat production forecast is unchanged from August at 1.783 billion bushels.  2022-2023 wheat exports are also unchanged from the previous month at 825 million bushels, and there are no by-class changes.  U.S. wheat ex...

"When it comes to the global supplying demand balance sheet, things there are a little bit more interesting," USDA World Agricultural Outlook Board Chair Mark Jekanowski recently said, acknowledging the impacts of the Ukrainian conflict on wheat trade ...

Inflation shocks from Russia’s invasion of Ukraine are already being felt in the grain and energy sectors and could soon affect U.S. growers and consumers. Oil and gas prices are on the march, grain prices are rising to multi-year highs with Black Sea shipping blocked and war likely to prevent plantings in Ukraine or embargo Russian crops. U.S ...

According to U.S. Wheat Associates, wheat prices since late December have bounced up and down so far in the New Year. The ongoing tension between Russia and Ukraine is a big factor adding uncertainty and volatility to the wheat market. Both countries are major grain exporters, and the market knows that any disruption there could quickly impact supply ...

Export sales of wheat rose week-to-week, while corn and soybean sales in the first full week of the 2021-2022 marketing year were impressive. The USDA said wheat sales to overseas buyers totaled 617,000 metric tons, a marketing-year high point, in the seven days ending on September 9th; 59% higher than the previous week and well above the prior five-year average ...

U.S. Wheat Associates applauds USDA’s Foreign Agricultural Service for their work alongside Vietnam’s Ministry of Finance to reduce the cost of wheat for Vietnam’s millers and consumers. Vice President Kamala Harris announced Vietnam will reduce or eliminate import tariffs on several U.S. commodities, i ...

Republican Senators call on U.S. Ambassador to Iraq Matthew Tueller help Iraq purchase wheat. Four Senators joined Roger Marshall of Kansas in signing the letter, Senators John Boozman of Arkansas, Jerry Moran of Kansas, John Cornyn of Texas, and James Inhofe of Oklahoma ...

The drought has been hard on all producers across the Pacific Northwest, but perhaps one of the commodities where it’s most noticeable is wheat. While many winter wheat growers saw enough precipitation late last year and early this year to have a decent crop, the same cannot be said for spring wheat growers. The ...