How great have world wheat crops been? Russia, Ukraine, China, India and Canada have all had record yields in at least two of the last three years. However, the outlook for the world's 2015 crop may be different.This is wheat week, as is evident by Monday's analysis and today's. Wheat has become my focus this week for two reasons:
The world wheat outlook is changing (at least in my opinion). I am speaking at the International Association of Operative Millers (IAOM) meeting in Cape Town tomorrow.
As I wrote on Monday, the world has produced consecutive record wheat crops that are both well in excess of 700 MMT. The previous record was approximately 660 MMT. High wheat prices have brought more wheat acres around the world, and producer...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
