I participated in two large wheat conferences over the past two weeks. One was the ALIM conference in Merida, Mexico, and the other was for wheat buyers and millers from the north Asian region. Here are some thoughts from these conferences.
World wheat supplies continue to slowly shrink. This is especially true among the world's major wheat exporting countries, as we reported last week. One of the messages for the north Asian meeting was that wheat acres, especially in North America, will continue to be under pressure from other cropping choices, particularly corn and soybeans. The improving genetics of corn and soybeans has already pushed these crops to the Canadian border, and with awesome yields in 2012 that acreage will expand ag...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
