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: winter wheat
The News & What it Means – Markets Likely to Take Notice of Expanding US Dryness
By John DePutter & Dave Milne – January 23, 2018
The news:
“Drought has expanded in the US for every single week since Nov. 4, 2017 – from 32.81% of the country battling it then to 60.93% as of Jan. 16.”
– US Drought Monitor, Jan. 18, 2018
The News & What it Means – High Protein Spring Wheat May Offer Better Returns & IGC Counting on Lower Soybean Yields to Dampen Supplies
By John DePutter & Dave Milne – May 31, 2017
The news:
“The earliest reports from the start of the US hard red winter wheat harvest underscored industry fears of a second straight year of low protein, a factor that shifts the market’s focus to prospects for the North American spring wheat crop, a higher-protein variety.”
– Reuters, May 30, 2017
The News & What it Means – US Hard Red Winter Wheat Ratings Low & Aussie Canola Plantings High
By John DePutter & Dave Milne – March 29, 2017
The News:
US Hard Red Winter Wheat ratings are far below last year. The Kansas wheat crop condition is rated at only 38% good to excellent, down from 56% last year at this time. Oklahoma’s crop is rated 37% good to excellent, down from 63% last year at this time.
– USDA, March 27.