Wheat Outlook: Global Production Down Sharply ; U.S. Exports Lifted

🕔Aug 16, 2018Global 2018/19 wheat production is cut 6.6 million metric tons this month on a sharp decline in production in the European Union (EU). This opens further opportunities for U.S. exports, […]

USDA Reports Update: Corn, Soybean Yields Raised – DTN

🕔Aug 14, 2018USDA pegged the national average corn yield at 178.4 bushels per acre (bpa), higher than last month’s 174 bpa estimate and the average pre-report estimate. That bumped up estimated production […]

WASDE Wheat: Greater Domestic Use, Reduced Stocks

🕔Aug 10, 2018The outlook for 2018/19 U.S. wheat this month is lower supplies, greater use, and reduced stocks. Wheat production is lowered 4 million bushels to 1,877 million on a slight reduction […]

Wheat Market: Futures on a Powder Keg Ahead of USDA Report

🕔Aug 9, 2018Wheat prices are in for a wild ride. Just last week, all it took to trigger a limit up move in futures prices was a rumor that Ukraine might restrict […]

Wheat: Heat Wave Impacting Outlook, Prices

🕔Aug 7, 2018Last week, Financial Times writer Emiko Terazono reported that, “The wheat market is feeling the heat, with key global producers sweating over a drought that has curbed output. After several […]

Wheat Market: Lower Futures – An Anomaly and Excellent Opportunity

🕔Jul 26, 2018There is an old saying: “When there’s blood on the streets, buy property.” Given recent price movements, that could easily be changed to: “When trade policies are in the news, […]

Wheat Outlook: Record Spring Wheat Yields; All Exports Boosted

🕔Jul 18, 2018Vastly improved weather from a year ago has helped lift the projected yield for U.S. other spring wheat to a new high of 47.6 bushels per acre. Record yields combine […]

WASDE Wheat: Domestic Supplies Raised

🕔Jun 12, 2018U.S. 2018/19 wheat supplies are increased slightly this month on higher beginning stocks and production. Winter wheat is forecast up 6 million bushels to 1,198 million with modest increases in […]

Texas Field Reports: Crop, Cattle Conditions Declining

🕔Jun 5, 2018Emerging drought conditions could be problematic for Texas farmers and ranchers around much of the state as forecasts call for a hot, dry summer.   Dr. Curtis Adams, Texas A&M […]

Wheat Market: Drought, U.S. Rail Rates Prop Up Export Prices

🕔May 31, 2018Since the beginning of the calendar year, export cash prices for hard red winter (HRW) wheat prices have rallied an average 73 cents at the Gulf across all protein levels. […]

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