The Latest

Events

  1. Texas: Feed-Grain Marketing Workshop, Amarillo, Feb. 10-11

    February 10 @ 8:00 am - March 11 @ 5:00 pm
  2. Georgia: Ag Business Planning Workshop, Glennville, Feb. 11, 18

    February 11 @ 8:00 am - February 18 @ 5:00 pm
  3. Ohio: Agronomy Workshops, Wooster, Feb. 15, 16

    February 15 @ 8:00 am - February 16 @ 8:00 am
  4. Louisiana: Irrigation Management Workshop, Marksville, Feb. 16-17

    February 16 @ 8:00 am - February 17 @ 8:00 am
  5. Tennessee: Irrigation Meeting, Somerville, Feb. 16

    February 16 @ 8:00 am - 5:00 pm
  6. Tennessee: Cotton Focus Meeting, Jackson, Feb. 18

    February 18 @ 8:00 am - 5:00 pm
  7. Illinois: Ag Tech Innovation Summit, Champaign, Feb. 18

    February 18 @ 8:00 am - 5:00 pm
  8. Texas: Oil, Gas Leasing Workshop, College Station, Feb. 22

    February 22 @ 8:00 am - 5:00 pm
  9. Georgia: Required Classroom Trainings for Auxin Herbicide Tolerant Crops

    February 22 @ 8:00 am - March 1 @ 5:00 pm
  10. Arkansas: 6 Spray Clinics in Feb, March

    February 23 @ 8:00 am - March 10 @ 5:00 pm
  11. Texas: Wild Pig Management Workshop, Burnet, Feb. 24

    February 24 @ 8:00 am - 5:00 pm
  12. Mississippi: Ag Waste Disposal Day, Charleston, Feb. 24

    February 24 @ 8:00 am - 5:00 pm
  13. Virginia: USDA Agricultural Outlook Forum, Arlington, Feb. 25-26

    February 25 @ 8:00 am - February 26 @ 5:00 pm
  14. Georgia: Pest Manager Training, Forsyth, Feb. 25

    February 25 @ 8:00 am - 5:00 pm
  15. Tennessee: Winter Row Crop Marketing Meeting, Mason, Feb. 25

    February 25 @ 8:00 am - 5:00 pm
  16. Louisiana: Rice Producer Meeting, Crowley, Feb. 26

    February 26 @ 8:00 am - 5:00 pm
  17. Texas: Rice Technical Working Group, Galveston, March 1-4

    March 1 @ 8:00 am - March 4 @ 8:00 am
  18. Texas: Rice Technical Working Group Conference, Galveston, March 1-4

    March 1 @ 8:00 am - March 4 @ 5:00 pm
  19. Texas: Permian Basin Cotton Conference, Big Spring, March 1

    March 1 @ 8:00 am - 5:00 pm
  20. Kentucky: IPM Training, Princeton, March 2

    March 2 @ 8:00 am - 5:00 pm
  21. Texas: Regional Sorghum Program, Plainview, March 3

    March 3 @ 8:00 am - 5:00 pm
  22. Indiana Small Farm Conference, Danville, March 4-5

    March 4 @ 8:00 am - March 5 @ 5:00 pm
  23. Kansas: 103rd Annual Cattlemen’s Day, Manhattan, March 4

    March 4 @ 8:00 am - 5:00 pm
  24. Kentucky: Integrated Pest Management Training, Princeton, March 2

    March 6 @ 8:00 am
  25. Oklahoma: Irrigation Conference, Woodward, March 8

    March 8 @ 8:00 am - 5:00 pm
  26. Oklahoma: Pecan Management Course, Stillwater, March 8

    March 8 @ 8:00 am - 5:00 pm
  27. Georgia: Pest Manager Training, Gainesville, March 10

    March 10 @ 8:00 am - 5:00 pm
  28. Missouri: Free Pesticide Collection Event, Portageville, March 12

    March 12 @ 8:00 am - 5:00 pm
  29. Florida: Carinata Summit, Quincy, March 15-16

    March 15 @ 8:00 am - March 16 @ 5:00 pm

 

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Wheat Price Report: Futures Posted 5th Week of Losses, HRW Condition Declined

Debra Ferguson
From U.S. Wheat Associates January 4, 2013

U.S. Wheat Associates Price Highlights – January 4, 2013

  • In a four day trading week, wheat futures posted a fifth consecutive week of losses despite very little wheat specific news. A significant loss in soybean futures and a stronger U.S. dollar were the main influences on wheat this week. A resolution in U.S. fiscal negotiations led to a strong opening on Wednesday but markets closed lower after a quick round of profit taking. The CBOT March wheat contract fell 32 cents on the week to close at $7.47/bu. MGEX March lost 27 cents to $8.41/bu and KCBT March closed down 22 cents at $8.05/bu. CBOT March corn fell 14 cents to $6.80/bu and CBOT March soybeans lost 51 cents to close at $13.67/bu.
  • In the month of December, the CBOT March wheat contract fell 13 percent, KCBT March dropped 12 percent and the MGEX March declined 10 percent. Concerns about high protein wheat supplies helped limit MGEX losses. This was the largest single-month decline since September 2011.
  • HRW crop conditions declined in many states in December. In Kansas, the largest HRW wheat producer, the percentage of wheat rated poor or very poor increased from 25 percent in November to 31 percent. Oklahoma’s poor or very poor rating increased from 44 percent to 61 percent with 11 percent rated good and no wheat rated excellent. The percentage rated poor or very poor in South Dakota increased from 64 percent in November to 70 percent with 3 percent rated good and no wheat rated excellent.
  • The Baltic Panamax Index continued to drop this week, falling to 670 points from 699 last week. In addition to an over-supply of ships, earnings for Panama ships below operating expenses, pushing the index lower. Maritime Research’s Grain Freight Index fell slightly this week to 401.0 points from 401.2.
  • The US Dollar Index increased 1 percent this week to 80.61, up from 79.62 last week.
Debra Ferguson
From U.S. Wheat Associates January 4, 2013