By John DePutter & Dave Milne – February 24, 2021
The News:
“A prolonged cold snap in the Great Plains region of the United States may have caused serious damage to the winter wheat crop.”
Western Producer, February 22, 2021
“A prolonged cold snap in the Great Plains region of the United States may have caused serious damage to the winter wheat crop.”
Western Producer, February 22, 2021
“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
“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 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:
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.