Competitive U.S. Soft Wheat Creates Buying Opportunity
Just one year ago, U.S. wheat prices hovered near record highs. The geopolitical ramifications of Russia’s invasion of Ukraine stoked supply concerns and fears of spiraling food price inflation, and India had just banned wheat exports, further fueling wheat supply fears. Flash forward to the week of May 2, 2023, Chicago Board of Trade soft […]
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 […]
Aspiring Chefs in Hong Kong Explore the ‘Science of Souffle’ With Assist From U.S. Wheat
U.S. wheat shared the spotlight with U.S. eggs, U.S. dairy and a Netflix celebrity at a Hong Kong event designed to help student chefs understand some of the science behind baking. A special course titled the “Science of Souffle” was presented March 14 by the Agricultural Trade Office (ATO) and the U.S. Consulate’s Public Affairs […]
‘Snackification’ Movement Growing Stronger Around the World – and U.S. Wheat Could Benefit
Instead of asking “what’s in store” for crackers and cookies and other wheat-based snack foods in a post-COVID world, those in the U.S. wheat industry may want to ask the same question in a slightly modified way. What’s in the store? When COVID hit in 2020, international consumers had already been drawn to convenient foods […]
Washington State University Economist Expects U.S. Wheat Prices Will Fall
By Matthew Weaver, Copyright © Capital Press, February 8, 2023, Excerpts Reprinted with Permission Wheat prices “probably won’t be quite as good [for farmers]” in 2023 as they were last year, a top grain economist says. “We won’t see last year’s prices, we’ll be several dollars short of that,” said Randy Fortenbery, the Thomas B. […]
The Need for Food Aid Continues in the New Year
Last month, World Food Program USA reported that in 2022, for the third consecutive year, “the U.S. shipped over 1 million tons of wheat to global hunger relief efforts. The 1 millionth ton of wheat was loaded aboard the African Halycon cargo vessel and left Washington state on Saturday, November 26.” As that shipment of […]
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 […]
2022 Soft White Wheat Crop Delivers Performance Customers Have Come to Expect
The return to more normal growing conditions for the 2022/23 Pacific Northwest (PNW) U.S. soft white (SW) wheat crop offers typically performance in producing the world’s finest cakes, pastries, biscuits and snack foods. Compared to the drought stressed 2021/22 crop, soft white this year has very weak to medium gluten strength and good finished product […]
Seeds of the New U.S. Winter Wheat Crop Already Sown
It is planting season for U.S. winter wheat growers. Conditions and timing vary by region, but a lot of the 2023 hard red winter (HRW), soft red winter (SRW) and even fall-seeded soft white (SW) area has already been seeded. Long before farmers select and clean seed from their last crop or purchase certified seed […]
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 […]