Articles tagged under: spring wheat
How High Can the Wheat Markets Go?
Published July 20, 2021
The Money Farm market analyst Mike Krueger is watching to see how high spring wheat prices can go. "I'm hearing people talking about $10 September or December Minneapolis wheat futures, but that will depend on how the crops in other…Yield Potential Reduced for Spring Wheat in the Dakotas
Published July 20, 2021
Extremely variable spring wheat conditions are evident in Dakotas this year. North Dakota Wheat Commission Market Development and Research Manager Erica Olson says the hot, dry and windy conditions are dominating the growing season. "We've seen yield potential reduced. Producers…U.S. Crop Conditions Hold Steady
Published July 20, 2021
U.S. corn and soybeans are doing ok, but the spring wheat continues to struggle. The USDA says one-third of the U.S. corn improved in the last week, with overall conditions rated 65 percent good to excellent. Stone X Group Chief…Grasshoppers Thrive as Dryness Continues in North Dakota
Published July 18, 2021
Dickinson, North Dakota farmer Ed Kessel says the spring wheat is struggling. "There will be pockets of good and a lot of bad. One thing that’s also showing up now is more grasshoppers. I've sprayed the outer edges of my…Spring Wheat and Durum Facing “Catastrophic Situation”
Published July 18, 2021
The latest U.S. Drought Monitor shows nearly all of the U.S. spring wheat and durum crop in some sort of drought. Global Commodity Analytics and Consulting President Mike Zuzolo thinks recent export demand for spring wheat is end users trying…Minor Spring Wheat Basis Updates Seen in Northern Plains
Published July 18, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network had minor changes in the spring wheat basis. Basis bids range from 10 cents to 55 cents under the September futures contract. Corn basis is…Winter Wheat Harvest Begins in Onida, SD
Published July 18, 2021
At Oahe Grain Corporation in Onida, South Dakota, general manager Tim Luken is already seeing loads of winter wheat come to the elevator. "Average test weight is at 61.3 pounds and protein is at 14.2 percent. We're two points higher…Spring Wheat Abandonment Expected
Published July 18, 2021
Drought is taking a toll on the Northern Plains spring wheat crop. USDA lowered their production estimate in the July WASDE report. Advance Trading market analyst Brian Basting agrees with the USDA. "When we ran our models, based on crop…Challenging Conditions for Manitoba’s Spring Wheat and Canola
Published July 14, 2021
On a farm not far from Mather, Manitoba, Bart Mayo is concerned about the spring wheat and canola. The last few weeks have been dry and hot. "Normally, we'll get a hot stretch of weather in July, but not as…