USDA Outlook Forum Provides First Glimpse into 2024/25 U.S. Wheat Balance Sheet
As the southern hemisphere wheat harvest nears completion and world anticipates the next northern crop, many buyers, mill owners, and end-product manufacturers are considering purchasing decisions that will affect their businesses into the first quarter of marketing year 2024/25. With forward thinking in mind, USDA released its latest Grains and Oilseeds Outlook on Feb. 15, […]
The Wheat Marketing Year in Review
Final export commitment data for marketing year (MY) 2022/23 that ended May 31 is now available, providing an overview of the year’s export and demand trends. In this article, we will look back on the MY 2022/23 demand trends and current MY 2023/24 data to provide context for the year to come as the world […]
Springtime Refresher: How USW Keeps U.S. Wheat Producers, Customers Informed
Early spring – before the harvest of winter wheat and the planting of spring wheat – is a perfect time to highlight tools U.S. Wheat Associates (USW) provides to inform U.S. wheat farmers and their customers around the world. It’s also a good time to remind readers of this blog how to access those USW […]
As Projected Soybean Acreage Surges, Can Wheat Coexist?
A dramatic increase in demand for oilseeds could impact U.S. wheat production in coming years, with significantly more acres expected to be planted in soybeans destined for new and expanded crushing facilities. Between 20 million and 25 million additional acres of soybeans will be needed to meet requirements of the renewable diesel industry, some analysts […]
Taiwan Team Signs Letter of Intent to Purchase 69.8 Million Bushels of U.S. Wheat
Representatives from the Taiwan Flour Millers Association (TFMA) signed a Letter of Intent September 14, 2022, with U.S. Wheat Associates (USW) to purchase 1.9 million metric tons – about 69.8 million bushels – of wheat from the U.S. over the next two years, a commitment with an estimated value of $576 million. The signing, held […]
Commercial Sales Accuracy Benefits Grain Exporters and Buyers
Editor’s Note: On Aug. 31, USDA/FAS Administrator Daniel Whitley announced the following statement: “As a result of unanticipated difficulties with the launch of the new Export Sales Reporting and Maintenance System, USDA’s Foreign Agricultural Service will temporarily revert to the legacy system while we work to fully resolve the issues with the new system. FAS […]
