Washington Grain Commission CEO Testifies on Behalf of Columbia Snake River System
On Jan. 30, 2024, Casey Chumrau, CEO of the Washington Grain Commission, offered compelling testimony supporting the crucial infrastructure of dams and locks on the Columbia Snake River System (CSRS) at a U.S. House Energy, Climate, and Grid Security Subcommittee hearing. U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) sent separate […]
Most Exportable Supplies Moved by Rail with Significant Effect on Basis
As we continue a series of articles on U.S. supply chain logistics, rail is arguably the most important mode of transporting wheat for export. According to a recent USDA Modal Share Analysis Study, rail accounted for an average of 59% of inland transportation for wheat exports between 2016 and 2020, or an average annual total […]
Historically Low PNW HRS Export Basis Demonstrates Buying Opportunity
As the geopolitical conflict between Russia and Ukraine comes back into focus following the attacks on port infrastructure in the Ukrainian Black Sea ports of Odesa, Chornomorsk, and the terminals along the Danube River, wheat market volatility remains an ever-present risk. Despite the recent swings, export basis trends can help provide clues to potential buying […]
