nafta

Wheat Industry Looks for New NAFTA Opportunities, But Priority Remains Do No Harm

U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) urge caution as the Trump Administration officially submitted to Congress its notice of intent to renegotiate the North American Free Trade Agreement (NAFTA). The U.S. wheat industry welcomes the opportunity for improving the framework for cross border wheat trade between the United States, Canada, and Mexico, but would …

Cargill grain glut

Cargill: Grain Glut to Last

Cargill expects international grain markets to remain oversupplied. The company’s CEO told Reuters recently that the oversupply will remain “for a long time” due to bountiful harvests and an increase of crops in storage. Global corn, wheat and soybean inventories have increased over the last four years in the longest stretch of gains since the late 1990s, according to the …

wheat growers

Wheat Growers: Prospective Plantings Report Alarming

National Association of Wheat Growers finds wheat plantings included in the Department of Agriculture’s Prospective Plantings report alarming. The recent report anticipates that all wheat plantings will be at 46.1 million acres, which is down eight percent from 2016. For winter wheat specifically, the planted area is estimated at 32.7 million acres, which is down nine percent from last year, …

Trump Reportedly Taps Perdue as Ag Secretary

President-elect Donald Trump has reportedly picked former Georgia Governor Sonny Perdue to be Agriculture Secretary under the incoming administration. While the USDA landing team has yet to confirm the nominee, multiple media outlets attributed a senior transition official as saying Trump will nominate Perdue to the post. The American Farm Bureau strongly endorsed the nomination of Perdue following the news.

U.S. Grains Council Calls China Actions on DDGS Restricting

The U.S. Grains Council says China is attempting to restrict access to the U.S. dried distillers grain market by subjecting U.S. DDGS to anti-dumping and countervailing duties. Grains Council CEO Tom Sleight says the organization is “deeply disappointed” in the move. The announcement came just ten days after the Chinese government increased tariffs on imported U.S. ethanol from five to …