wheat growers

U.S. DDGS Exports Up 16 Percent To Southeast Asia

Dan Corn, Wheat

U.S. exports of distiller’s dried grains with solubles (DDGS) to Southeast Asia have increased 16 percent so far this marketing year, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). The Southeast Asian region – which includes Brunei, Cambodia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – currently represents the …

wasde

USDA Releases July WASDE, Crop Production Reports

Dan Industry News Release

The recent World Agriculture Supply and Demand (WASDE) report by the Department of Agriculture projects corn and soybean farmers will grow more crop than previously anticipated. USDA on Wednesday increased 2017-18 corn production to an estimated 14.255 billion bushels and soybean production to 4.26 billion bushels. Corn production came in slightly above the highest pre-report estimates while soybean production came …

wheat acres

Rabobank Issues Report on Declining Wheat Acres

Dan Industry News Release

Rabobank issued a report this week saying U.S. wheat acres have been on the decline for 35 years. This growing season, wheat acres are at their lowest point in 100 years. Those lower acres over a long period of time are going to have some ripple effects. RaboResearch Grains and Oilseed Analyst Stephen Nicholson found that the decreasing number of …

nafta

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

Dan Industry News Release, Trade, Wheat

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 …

margin protection

USDA Approves Modifications to Margin Protection Plan of Insurance for Crops

Dan Industry News Release

The U.S. Department of Agriculture’s Risk Management Agency this week announced greater crop insurance options for farmers against unexpected decreases in their operating margin. Offered through the federal crop insurance program, margin protection insurance for corn, wheat, rice and soybeans will be available in more states and have updates designed to better clarify the real input costs covered beginning in …

Cargill grain glut

Cargill: Grain Glut to Last

Dan Corn, Industry News Release, Soybeans, Wheat

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 …

wasde report

May WASDE Report Mostly Neutral

Dan Industry News Release

The monthly World Agricultural Supply and Demand Estimates report by the Department of Agriculture released Wednesday predicts a U.S. corn crop of 14.06 billion bushels, down 1.08 billion from last year. The monthly report is also projecting a U.S. soybean crop of 4.25 billion bushels, down from the 4.3-billion-bushel crop last year. USDA projects ending stocks for new crop corn …

winter wheat harvest

May Wheat, Cotton and Potato Crop Production

Dan Cotton, Crop Forecasts, Wheat

2017 Winter Wheat Production Down 25 Percent From 2016/Hay Stocks Down 3 Percent United States winter wheat production is forecast at 1.25 billion bushels, down 25 percent from 2016. As of May 1, the yield is forecast at 48.8 bushels per acre, down 6.5 bushels from last year’s record yield of 55.3 bushels per acre. State level data for Alabama, …