wheat

It’s been just a little over a year since Russian tanks rolled into Ukraine and started a war that many thought would only last days or weeks—but has lasted now for 12 months.   "Quite honestly I would not be surprised 12 months from now if we're still talking about it," noted Karl Setzer, Commodity Risk Analyst with AgriVisor.  When the Russian in...

Farmers are adopting precision technologies at different rates.  A USDA report says the largest farms are adopting auto-steer guidance technology at significantly higher rates.  After sorting farms into five equally-sized groups, the agency found that among farmers who were growing corn in 2016, 73% of farms in the largest category adopted guidance at the highest rates.   The rates ...

Washington State University has announced the new director of the Dryland Research Station in Lind.  Last week, the school announced that crop and soil scientist Surendra Singh will serve as the new dryland cropping systems agronomist and next leader of the central Washington station.  He repl...

American agricultural exports in fiscal year 2023 are projected at $184.5 billion, down $5.5 billion from the November forecast.  The export forecasts for all major commodity groups are down, with the largest drops projected for corn, sorghum, and soybeans.  Corn ex...

According to the Consumer Price Index, consumer prices for wheat-based products were up substantially in 2022 compared to 2021.  ERS reports that the prices of various wheat products were up more than 10% from 2021.  The increase outpaced the inflation rate in the broader "all food" category, which was up 9.9%, more than ...

The USDA is out with the final Ag trade numbers from December, closing the books on 2022.  USDA’s Bart Kenner said December was a record December for exports $17 billion worth of sales.  He said that puts calendar year 2022 export sales at a record high $196 billion beating 2021's record by $20 billion, but he noted, “most of the gains in exports came from unit value increases from higher prices a

The USDA is out with it’s latest world wheat outlook, and Russia and Australia made most of the noise.   “Australia's production we raised that 1.4 million tons to 38 million tons the current forecast would be the third consecutive record large crop in Australia.  With Russia th...

According to ERS, Ukraine's corn and wheat exports have almost returned to seasonal-average levels since the summer of 2022.  The change follows the Black Sea Grain Initiative to reopen the Black Sea shipping routes.  Russia's invasion of Ukraine in February 2022 led to elevated security risks and infrastructure damage, causing Ukraine's seaports to be almost completely cut off from March through

2022 was a mixed year for many of the Northwest’s largest commodities.   All wheat planted in Idaho totaled 1.16 million acres, down 6% from 2021.   Harvested area, at 1.08 million acres, is down 5% from the previous year.   All wheat product...

In some ways, 2023 will be very similar to 2022 when it comes to the farm economy.  But in other ways, it’s expected to be very different.  One of those differences will be the supply chain, which has made strong improvements over the past 3-4 months, removing some of the uncertainty farmers faced last year.  And input costs, includ...