Welch on Wheat: Exports Top USDA’s Target with 2 Weeks to Spare May 29, 2017

🕔May 29, 2017
Market Situation Crop Progress. The condition of the U.S. winter wheat crop improved last week as reported in Monday’s Crop Progress.  The very poor and poor ratings each fell 1% and […]

Welch on Wheat: Export Sales Hit USDA’s Marketing Year Target May 19, 2017

🕔May 19, 2017
Market Situation Crop Progress. The condition of the U.S. and Texas wheat crops in last Monday’s Crop Progress again slipped slightly compared to the previous week, but remain above normal. […]

Welch on Wheat: Mixed Market Messages in WASDE May 11, 2017

🕔May 11, 2017
Market Situation WASDE. Mixed wheat market messages in yesterday’s World Agricultural Supply and Demand Estimates: U.S. wheat stocks to use ratio at the end of the new crop 2017/18 marketing […]

Welch on Wheat: Marketing Year Exports Up 32% Over Last Year Apr 21, 2017

🕔Apr 21, 2017
Market Situation Crop Progress. The condition of the U.S. and Texas wheat crops again showed improvement in this week’s Crop Progress report. For all U.S. winter wheat, the percent rated […]

Welch on Wheat: USDA’s Changes Small but Bearish Apr 12, 2017

🕔Apr 12, 2017
Market Situation WASDE. The supply and demand changes to wheat in the April World Agricultural Supply and Demand Estimates were small, but bearish. U.S. wheat ending stocks are up on […]

Welch on Wheat: Acreage Down but Stocks Significantly Higher Mar 31, 2017

🕔Mar 31, 2017
Market Situation Prospective Plantings. All wheat acres were projected this morning at 46.059 million, down from 50.154 million last year. Winter wheat acres are down 3.4 million, spring down 300,000 […]

Welch on Wheat: Exports Remain on Pace to Meet USDA Projections Mar 28, 2017

🕔Mar 28, 2017
Market Situation Crop Condition. USDA is scheduled to resume national wheat condition ratings next week. The last report in late November had conditions right at normal. The steady to slightly […]

Welch on Wheat: Bigger Crops in Argentina, Australia; U.S. Exports Still on Track Mar 10, 2017

🕔Mar 10, 2017
Market Situation WASDE. The March World Agricultural Supply and Demand Estimates showed only minor changes in the U.S. wheat balance sheet: a 10 million bushel decrease in imports. That adjustment […]

Welch on Wheat: Lowest U.S. Acreage in Over 100 Years; Yields Remain High Feb 24, 2017

🕔Feb 24, 2017
Market Situation USDA Outlook Forum. The U.S. wheat acreage number released today at the Outlook Forum includes the results of the Wheat Seedings report from January. That report showed the […]

Welch on Wheat: World Ending Stocks Down on Lower Production Feb 14, 2017

🕔Feb 14, 2017
Market Situation WASDE. The World Agricultural Supply and Demand Estimates released last Thursday lowered ending stocks for both U.S. and world wheat. No changes were made to the supply side […]

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