Articles tagged under: wheat
Regional Basis Bids are Mostly Unchanged
Published March 25, 2020
Spring wheat basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged compared to one week ago. Basis bids in Finely, North Dakota and Warren, Minnesota improved by five cents. Those bids…China Purchases Supporting the Grain Markets
Published March 20, 2020
China made a few purchases of U.S. agricultural commodities on Friday. According to the USDA, China bought 756,000 metric tons of corn for delivery during the 2019/2020 marketing year, 340,000 metric tons of hard red winter wheat for delivery during…Weed Questions Arising Ahead of Spring
Published March 12, 2020
University of Minnesota and NDSU Extension sugarbeet agronomist Tom Peters is fielding questions about grass and broadleaf control in wheat. "Some of our programs we're using in small grains aren't controlling the grasses anymore. It's a sugarbeet issue because a…No Major Changes Made in March WASDE Report
Published March 10, 2020
As expected, the USDA didn’t make major changes in the March World Agricultural Supply and Demand Estimate report. U.S. wheat, corn and soybean production and ending stocks were all unchanged from the February report. USDA did raise global oil seed…Market Manipulation
Published March 9, 2020
Kraft Foods Group and Mondelez Global have agreed to pay a $16 million penalty for alleged manipulation in the wheat futures market. In 2015, Kraft reportedly influenced the price of wheat by taking a huge position in the market while…A Swing in Local Corn Basis Noted
Published March 6, 2020
Compared to basis levels noted at the six regional grain elevators in mid-February, spring wheat basis has widened at five of the six elevators. Spring wheat basis ranges from 25 to 71 cents under the May futures contract. Corn basis…Wheat Quality Discussions Resume at Commodity Classic
Published February 27, 2020
The WHIP Plus program remains a priority for Minnesota wheat farmers. "We've been working heavily with the National Association of Wheat Growers on how we can access that for all of the quality issues and hurt going on in farm…NAWG Makes Budget Adjustments Ahead of FY21
Published February 27, 2020
Budgets, research and trade were the main topics for the National Association of Wheat Growers at Commodity Classic. CEO Chandler Goule says budget adjustments continue. "The industry itself is still hurting with low commodity prices. We also continue to see…What Lessons Can Be Learned from Quality Issues?
Published February 24, 2020
Farmers experienced several quality issues with the 2019 crop. So, what lessons can be learned from this? The two major small grain disease issues farmers faced in 2019 were bacterial leaf streak and scab, according to NDSU Extension cereal crops…