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 […]

Optimism Emerges for U.S. Hard Red Spring Wheat

As the 2023/24 marketing year begins, the market awaits the outlook for the new crop harvest. Despite early concerns anticipating wet conditions and late planting similar to the 2022 crop year, hard red spring (HRS) planting progress has surpassed expectations. Rapid Planting Progress Spring wheat farmers have made incredible planting progress after a historically snowy […]

VIDEO: USW Bakery Consultant Roy Chung on the Value of Frozen Dough Made with U.S. Wheat

Roy Chung has been teaching U.S. wheat’s international customers about the value of frozen dough for more than 30 years.  During the COVID pandemic, many of his points about frozen dough’s importance in the marketplace were confirmed, as bakeries that were using it were able to continue operations despite staffing shortages. Chung, a U.S. Wheat […]

Perspectives on March 31 Prospective Plantings and Stocks Reports

Each year, on March 31, those who grow, trade or import U.S. agricultural commodities look to USDA’s annual Prospective Plantings and Quarterly Grain Stocks Report for indications of potential price movements. The consensus from analysts across the industry on how this week’s reports will affect wheat markets is generally bullish. For reference, in its January […]

What to Know About Clean Label and Implications for Wheat Food Production

Editor’s Note: Important work has been done indicating that U.S. hard red spring (HRS) is a potential “clean label” ingredients for the world’s commercial bakers.  To help wheat buyers understand more about this opportunity, U.S. Wheat Associates (USW) is reprinting  the following post originally published in October 2021. The concept of “clean label” products is […]

Promoting U.S. Wheat Around the World in 2022

As U.S. Wheat Associates (USW) President Vince Peterson often says, at any given hour of the day someone, somewhere, is talking about the quality, reliability and value of U.S. wheat. Wheat Letter wants to share just some of the ways USW has been working recently to build a preference for U.S. wheat in an ever more complex world wheat […]

Hard Red Spring Crop Makes Strong Recovery, Shows Positive Quality Characteristics

The 2022 U.S. HRS crop recovered from last year’s historic drought. This crop has many positive attributes, including higher supply levels, strong grading characteristics, little to no DON and sound kernel characteristics. Overall protein is lower, but over half of the crop still has protein levels of 14% (12% mb) or higher. While dough strength […]