2025/2026 Year-End Numbers Reflect Solid Wheat Sales to Core and Swing Markets
The 2025/2026 marketing year closed on May 31, 2026, and U.S. wheat export sales finished the year on a strong note, providing a buffer of support for farm families during a year of low farmgate prices. Final export inspections hit 23.7 million metric tons (MMT) or 871 million bushels, representing a nearly 15% increase year-over-year […]
U.S. Wheat Associates Launches Mobile App to Put Critical Market Info at Fingertips
For decades, U.S. Wheat Associates (USW) has worked to keep customers, trade partners, and stakeholders informed with timely and reliable market information. Price Reports, Harvest Reports, Crop Quality Reports, and Commercial Sales Reports have long been available through the USW website. But accessing important information in those reports on the go – in a mill, […]
Million Metric Ton Markets Reflect Committed Customers, Buying Opportunities
With catch-up reporting complete for USDA’s commercial sales reports, wheat farmers have a better picture of the first seven months of the 2025/2026 marketing year. Data reported as of January 1, 2026, indicates the United States has sold 20.1 million metric tons (MMT) (nearly 739,000 million bushels) of wheat to international customers. Year-over-year sales are […]
Competitive Window Boosts New Crop U.S. Wheat Sales
As discussed in last issue of “Wheat Letter,” determinations from the office of the U.S. Trade Representative (USTR) on the Section 301 actions against the Chinese shipbuilding industry have helped alleviate immediate impediments to exports. As the effects of this ruling subside, U.S. wheat has become increasingly competitive. As marketing year 2025/26 begins, a combination […]
Section 301 Determination: Opportunity for U.S. Wheat Buyers
In recent weeks, the risk of Section 301 actions targeting China’s shipbuilding industry have hung heavily over the wheat exports. The proposed actions and associated risks have dampened exports, with new crop wheat sales sitting 18% below last year’s level, as of April 10. However, after weeks of uncertainty, the April 17 determination offered crucial […]
Uncertainty, Weather Intensify Market Volatility
Spring’s arrival in the Northern Hemisphere typically brings a period of weather-related market volatility, a pattern that has held true this crop year. However, ongoing uncertainty from dynamic policy changes is shaking the usual seasonal in the U.S. wheat trade outlook. Weather Market Whiplash In February, concerns over cold and dry conditions in the Black […]
Key Market Movers: Trade, Currency, and Weather Prompt a Rally
It is no surprise that U.S. trade policy has dominated global news, and potential tariffs have introduced uncertainty into international trade. While the direct effects of tariffs on trade are widely understood, the anticipation of such measures has influenced commodity markets. Concurrently, wheat markets experienced upward pressure, driven by a combination of factors including weather-related […]
Security, Reliability, and Accuracy: A Look into USDA NASS Reporting
Every year the National Agricultural Statistics Service (NASS), Foreign Agricultural Service and other USDA agencies publish hundreds of reports to meet information needs for dozens of agricultural products. For wheat, USDA NASS releases a variety of reports, including: Crop Production* Winter Wheat and Canola Seedings Report Prospective Plantings* World Agricultural Supply and Demand Estimates Crop […]
Wheat Industry News From Around the World
Speaking of Wheat “As president … I talked to experienced producers facing the realities of this downturn in the ag economy, and they feared they would not be able to secure operating credit in 2025 without some form of economic assistance. This legislation provides farmers with a bridge heading into next year. However … enacting […]
U.S. Farmers Pinched by High Costs and Low Prices
In recent months, wheat markets have stabilized, contrasting the unprecedented volatility following war, drought, and economic uncertainty that has defined markets over the last few years. After dipping to price levels not seen since 2020 earlier this year, world FOB values have recovered slightly, clustering near $250/MT. We have previously looked at long-term trends in […]