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Tag "wheat trade"

Wheat Market: Importer Ending Stocks Shrink to 6-Year Low

Wheat Market: Importer Ending Stocks Shrink to 6-Year Low

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Apr 20, 2017

On April 11, USDA released its latest World Agricultural Supply and Demand Estimates (WASDE) report. With six weeks left in marketing year 2016/17, USDA expects wheat world ending stocks to reach a record high 252 million metric tons (MMT), up

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Wheat Outlook: U.S. 2017/18 Planted Acres Projected to Be Smallest on Record

Wheat Outlook: U.S. 2017/18 Planted Acres Projected to Be Smallest on Record

👤From USDA 🕔Apr 13, 2017

Total seedings of winter, other spring, and durum wheat for the 2017/18 marketing year, were reported in the USDA-National Agricultural Statistics Service Prospective Plantings, and support expectations of historically low all-wheat plantings. At just 46.1 million acres, 2017/18 planted area

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Global Markets: Wheat – U.S. Share of Mexican Imports Rebounds

Global Markets: Wheat – U.S. Share of Mexican Imports Rebounds

👤From USDA 🕔Apr 11, 2017

Mexico, the second-largest wheat importer in the Western Hemisphere, has historically imported around three-quarters of its needs from the United States. U.S. wheat has benefited from a logistical advantage over other suppliers when exporting to Mexico, allowing for a consistent

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WASDE Wheat: Lower Domestic Feed, Residual Use

WASDE Wheat: Lower Domestic Feed, Residual Use

👤From USDA 🕔Apr 11, 2017

U.S. wheat ending stocks for 2016/17 are raised 30 million bushels on lower feed and residual use which more than offsets a slight import reduction. At 1,159 million bushels, ending stocks are projected to reach a near 30-year high. Feed

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Wheat Market: U.S. Planted Area Falls to Record Low

Wheat Market: U.S. Planted Area Falls to Record Low

👤 By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Apr 6, 2017

Over the past decade, U.S. wheat planted area peaked in 2008/09 at 63.2 million acres (25.6 million hectares). Since then, U.S. wheat planted area has fallen 27 percent to a projected 46.1 million acres (18.7 million hectares) in 2017/18 according

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Wheat Market: Global Durum Production Expected to Fall in 2017/18

Wheat Market: Global Durum Production Expected to Fall in 2017/18

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Mar 23, 2017

Global durum prices remain under pressure from a large 2016/17 crop. Per International Grains Council (IGC) data, global durum production increased 3 percent year over year to 40.2 million metric tons (MMT), 9 percent above the 5-year average and the

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Wheat Outlook: U.S. Imports Lowered 10M Bushels on Slow Canadian Shipments

Wheat Outlook: U.S. Imports Lowered 10M Bushels on Slow Canadian Shipments

👤From USDA 🕔Mar 13, 2017

U.S. Census data, now available through January 2017, indicates a slow pace of shipments from Canada-in part due to low quality-results in cuts to U.S. imports for most classes of wheat including Hard Red Winter, Hard Red Spring, Durum, and

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Global Markets: Wheat – Argentina’s Exports Forecast at 5-Year High

Global Markets: Wheat – Argentina’s Exports Forecast at 5-Year High

👤From USDA 🕔Mar 10, 2017

Argentina’s 2016/17 wheat exports are forecast to reach the highest level in 5 years, supported by a bumper crop and competitive prices. This comes a few years after the removal of government policies that limited export opportunities, resulting in low

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WASDE Wheat: U.S. Imports, Ending Stocks Lowered

WASDE Wheat: U.S. Imports, Ending Stocks Lowered

👤From USDA 🕔Mar 9, 2017

U.S. wheat imports for 2016/17 are reduced this month by 10 million bushels to 115 million. Ending stocks are projected lower by the same amount to 1,129 million bushels. The season-average farm price is unchanged with the midpoint of the

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Wheat Market: HRW Rallies Supported by Supply and Demand Factors

Wheat Market: HRW Rallies Supported by Supply and Demand Factors

👤By Stephanie Bryant-Erdmann, USW Market Analyst 🕔Mar 9, 2017

Since Jan. 1, the nearby wheat futures contract for hard red winter (HRW) on the Kansas City Board of Trade (KCBT) rallied 13 percent or 54 cents per bushel ($20 per metric ton) returning to price levels like those seen

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