U.S. Wheat Associates Sees Positive Outcome at WTO Ministerial Conference
To misquote Mark Twain, reports of the death of agricultural negotiations at the World Trade Organization (WTO) are exaggerated. That is a key message for the world’s wheat growers and buyers following the Thirteenth WTO Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates. In the WTO photo above, Director General Okonjo-Iweala encouraged members to […]
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 […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The big news in wheat was the hard red winter number — shock-and-awe for USDA to increase it that much. The average trade guess was 532 million bushels, so the number was way above what anybody anticipated. We had a broad-based increase in yields, […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The international [grain] price in Ukraine will be on the level of the cost of production. Harvested grains and oilseeds will be level of 62 million (tonnes), exports about 40 million. We have only three seaports operating at capacity and [under the ‘fragile agreement’ […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “Without a trade agenda that also advances U.S. economic interests by addressing barriers to U.S. exports through free trade agreements, the United States will lose influence globally. Other countries welcome U.S. products and benefit from the two-way relationship that free trade agreements promote. The […]
USW Submits Trade Barriers Report with Additional Information on Turkish Flour Subsidies
Each year, the Office of the U.S. Trade Representative (USTR) publishes the National Trade Estimates (NTE) report. This report compiles detailed trade barriers that U.S. exporters, including wheat farmers, are facing in markets around the world. To compile this report, USTR solicits input from export stakeholders to provide details on the specific trade barriers they […]
U.S Wheat Reconnects with Brazilian Millers at Annual Industry Meeting
Building upon its long relationship with Brazilian flour millers while also learning about current market conditions across South America, U.S. Wheat Associates (USW) recently took part in the Abitrigo Congress in Foz de Iguazu, Brazil. Abitrigo, the association representing the Brazilian wheat milling industry, had not held an in-person annual meeting since 2019. USW President Vince […]
Indo-Pacific Economic Framework: Perspective On Its Potential
This week, the Biden Administration launched a signature foreign policy initiative aimed at increasing economic involvement across Southeast Asia. The initiative is called the Indo-Pacific Economic Framework for Prosperity or IPEF. According to the initial declaration issued by the participating countries, it “intends to advance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness for our […]
U.S. Agriculture Jumps Back on the Cuba Relations Roller Coaster
U.S.-Cuba relations have been up and down like a roller coaster in the 11 years since the last U.S. wheat export shipment to Cuba. Last week, U.S. Wheat Associates (USW) staff traveled to the island nation as part of a U.S. agricultural conference to see and hear firsthand about trade opportunities – despite frosty bilateral […]
Wheat Industry News
Recent news and highlights from around the U.S. wheat industry. Speaking of Wheat “The retaliatory tariffs led to a significant reduction in U.S. agricultural exports to retaliating partners. Nationally, direct U.S. agricultural export losses due to retaliatory tariffs totaled more than $27 billion during 2018 through the end of 2019. Across retaliatory partners, China accounted […]
