Wheat Market: Export Prices Firm on Higher Futures, Basis Values Oct 16, 2020

🕔Oct 16, 2020
It is no secret that wheat futures prices have reached unexpected heights recently. Higher futures prices usually pressure export basis values when farmers sell wheat “into the rally” because that […]

Wheat: Latest USDA Report Adjusts Earlier U.S. Production Estimates Oct 2, 2020

🕔Oct 2, 2020
On Sept. 30, USDA released its latest Small Grains Summary in which its estimate of 2020 U.S wheat production fell to 49.7 million metric tons (MMT). That is down 5 percent from […]

Wheat Market: Secondary Rail Rates, Tight Elevation Capacity Support Export Prices Sep 3, 2020

🕔Sep 3, 2020
Gulf and Pacific Northwest (PNW) hard red spring (HRS) and hard red winter (HRW) basis values have jumped significantly in the last month due to increased domestic secondary rail rates […]

Wheat Market: Trade Policy, Competitive Prices Support U.S. Export Sales Aug 6, 2020

🕔Aug 6, 2020
USDA estimates the United States will export 25.9 million metric tons (MMT) of wheat in 2020/21, 2 percent behind last year’s pace if realized. However, two months into marketing year […]

Grain Markets: Limited Elevation Capacity Supports Gulf Wheat Export Basis Jun 25, 2020

🕔Jun 25, 2020
A swift uptick in export demand for U.S. soybeans, corn and sorghum is limiting export elevation capacity out of the Center Gulf, which supports nearby Gulf export basis for all […]

Wheat Market: Commercial U.S. Export Sales Top USDA Estimate Jun 11, 2020

🕔Jun 11, 2020
Despite challenging market factors, U.S. wheat exports for marketing year (MY) 2019/20, which ended May 31, totaled 26.9 million metric tons* (MMT) (988 million bushels), ahead of USDA’s export volume […]

Kansas Hard Red Winter Wheat Tour Goes Virtual May 28, 2020

🕔May 28, 2020
Each year in May, the Wheat Quality Council (WQC) hosts a three-day winter wheat tour across Kansas and parts of surrounding states to assess hard red winter (HRW) wheat conditions and yield […]

Spring Wheat Planting Progress Varies with Regional Conditions May 14, 2020

🕔May 14, 2020
U.S. wheat farmers across the Northern Plains are hard at work trying to plant spring wheat for the 2020 harvest. Their efforts depend on widely varying regional conditions so many […]

Wheat: Dry Weather, Freezing Temps Challenge HRW Crop Apr 30, 2020

🕔Apr 30, 2020
The condition of the U.S. hard red winter (HRW) wheat crop is not improving. Farmers – and the markets – are concerned about the threats to yield potential from wide-spread April freezes […]

Wheat: COVID-19 Changes Global Trade Dynamics Apr 16, 2020

🕔Apr 16, 2020
It is no secret that these are uncertain times. As countries across the world work to contain and combat the novel coronavirus (COVID-19) outbreak, U.S. Wheat Associates (USW) is closely […]

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