Investments in U.S. Supply Chain Infrastructure Benefit Wheat Importers
Over the last few weeks, we have explored all the major modes of the U.S. supply chain, evaluated recent trends, and highlighted how each type of transportation plays an integral role in the U.S. supply chain. Barging, rail, and oceangoing vessels work together to create the dependable supply chain importers of U.S. wheat expect. In […]
World Wheat Prices Hover at Lower Levels With Bullish Factors Lurking
Since the start of the year, world wheat prices have consistently trended lower, with Russian wheat maintaining its position as the world’s cheapest origin. With the Northern Hemisphere wheat harvest now complete, it brings about the question: have markets touched their seasonal lows, and in what direction will they go next? In this article, we […]
Rising Ocean Freight Rates Pushed by Uptick in Fuel Costs, Chinese Demand
In a series of articles on U.S. supply chain transportation, we have explored the importance of barging and rail on U.S. wheat exports and how they contribute to the reliability of the U.S. marketing system. Barging and rail account for 89% of all U.S. wheat export shipments. After traveling through the inland logistics system, on […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “Amidst the backdrop of diverse perspectives and conflicts of our times, farmers continue planting seeds of sustenance and resilience, stewarding the land for generations, and producing a safe and reliable food supply. The values of integrity, honesty, and care we see in agriculture offer […]
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 […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “When we went to ethanol production, we had to have significantly more acres of corn and soybeans to a certain degree with biodiesel. You go back to 2006 and 2007, I remember traveling around the states telling Oklahoma wheat producers, ‘You have got a […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The team had a chance to visit all aspects of the supply chain, from farm to export elevator, and learn about the FGIS inspection process, giving them a sense of how US wheat quality is ensured throughout the way. These visits provide reassurance to […]
Latin American Markets Take Advantage of Soft Red Winter Wheat Value
Mexico, Central America, the Caribbean, and South America represent a substantial portion of U.S. wheat sales, accounting for around 33% of all U.S. wheat exports. Due to proximity and sophisticated, quality-focused markets, Latin America and the Caribbean see competitive advantages in U.S. wheat supplies. In fact, while total demand for U.S. wheat slowed the last […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The abrupt termination of the implementation of the Black Sea Grain Initiative is a matter of grave concern. Global food security should not become a casualty of war. People in poor countries struggling with food and energy price inflation stand to be hit hardest […]
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 […]