By John DePutter & Dave Milne – November 7, 2019
The news:
“Dogged by lower prices and tepid demand, U.S. wheat farmers are poised to plant the fewest acres of winter varieties in 110 years.”
Bloomberg, October 28, 2019
Tagged: wheat
The News & What it Means – Breaking Down the 2018 Farm Income Numbers
By John DePutter & Dave Milne – May 29, 2019
The news:
Statistics Canada released 2018 farm income data this week, showing just slightly higher crop receipts compared to a year earlier, sharply lower realized net income and rising debt.
The News & What it Means – Surprising Gains in Kansas City Wheat Not So Surprising at All
By John DePutter – March 13, 2018
The News:
“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
The News & What it Means – Plenty of Unknowns Still Ahead for Wheat
By John DePutter & Dave Milne – January 9, 2018
The news:
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
The News & What it Means – The Russian Factor in World Grain Markets
By John DePutter & Dave Milne – Nov. 28, 2017
The news:
“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.