The story of the 2017/18 crop cycle in the U.S. and the world is being written. However, only the first few chapters have emerged so far, and there will no doubt be many more to follow before the story is complete. Among those that stand out to date are the following:
Unless the crops presently being seeded in South America falter badly due to adverse weather conditions, 2017/18 will be the fifth consecutive year of very large world production of major row crops. The small U.S. wheat crop and the drought-damaged Australian crop have been offset by good wheat production elsewhere, most notably in Russia. We are not sure when a similar string of years with huge world crops last occurred (if ever), but it is certainly unique in modern agric...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
