By John DePutter – March 13, 2018
July Kansas City wheat is up more than a dollar a bushel in 2018 – a substantial move that was unimaginable back in December when traders were focused on 2017’s record global wheat harvest.”
– Progressive Farmer, Mar. 7, 2018
By John DePutter & Dave Milne – January 9, 2018
There is a view building that weather conditions are going to be an issue for the US wheat crop this year.
– Queensland Country Life, Jan. 9, 2018
By John DePutter & Dave Milne – Nov. 28, 2017
“The Ministry of Agriculture of Russia does not expect any reduction in the planted areas under grain crops for the 2018 harvest, declared the Minister of Agriculture, Alexander Tkachev on November 23.”
-APK Inform, Nov. 27, 2018
What it means:
If accurate – and in the absence of any major weather problem – more price pressure would seem to lie ahead.
By John DePutter & Dave Milne – October 17, 2017
Russia’s 2017-18 wheat production was increased by 1 million tonnes from last month to a new record of 82 million – well above last year’s previous record of 72.5 million.
– USDA, Oct. 12, 2017
By John DePutter & Dave Milne – September 6, 2017
“Across the US this year, farmers planted the smallest number of acres of wheat since 1919. That’s the new reality in Kansas as more and more farmers are planting other crops to make a profit.”
– KSN.com, Sep. 1, 2017