By John DePutter & Dave Milne – May 8, 2019
The news:
“Wheat yield potential in Kansas was estimated at 47.2 bushels per acre (bpa), crop scouts on the annual Wheat Quality Council crop tour said on Thursday.”
– Reuters, May 2, 2019
Tagged: world
The News & What it Means – Some Truth in the Potential for Lower Wheat Prices but Weather Questions Remain
By John DePutter & Dave Milne – December 11, 2018
The news:
“While most crop markets had a lackluster 2018, wheat enjoyed a rally. But those gains look like they may be fleeting.”
– Bloomberg
The News & What it Means – Rising Production and Declining Demand a Bad Combination for Soybeans
By John DePutter & Dave Milne – November 20, 2018
The news:
“World consumption of soybeans is expected to show only a below-average growth of 7 million tonnes in 2018/19 compared with an average annual increase of 16.4 million tonnes in the most recent five years.”
– Oil World, Nov. 19, 2018.
The News & What it Means – Larger Russian Crop Weighs on Wheat Market
By John DePutter & Dave Milne – October 17, 2017
The news:
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