Back on 4 February we ran an analysis of what the potential 2013/14 U.S. wheat situation might look like. The table below is from that report.A fair amount of water has gone under the proverbial bridge since then, so we have decided to revisit the subject and talk about things that have or haven't changed since then.Here are some things that haven't changed:
Much of the hard red winter wheat region is still in the midst of a very significant drought. This week's first national crop condition ratings released last Monday showed the crop ratings for this date are among the worst ever. We expect they will slip more in next Monday's report. In addition to the drought, very cold temperatures in the last two weeks did cause some additiona...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
