The Wheat Marketing Year in Review
Final export commitment data for marketing year (MY) 2022/23 that ended May 31 is now available, providing an overview of the year’s export and demand trends. In this article, we will look back on the MY 2022/23 demand trends and current MY 2023/24 data to provide context for the year to come as the world […]
Changing Weather Patterns Could Favor U.S. Wheat Production
Over the last few weeks, we have analyzed several factors that are shifting or have the potential to shift U.S. wheat value toward wheat importers. A combination of lower futures prices, a break in dry bulk freight prices, an increase in planted area, and the potential for a weaker dollar all point to a wheat […]
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. […]
