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The latest news and information of specific interest to farm managers, crop consultants, ag retailers and the ag industry professionals serving them is delivered weekly on Monday in this e-newsletter.

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News specific to inform, educate and assist ag retailers is delivered in this e-newsletter weekly each Thursday. Circulation is limited to only ag retailer/distributor management and employees.

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Market Commentary

Afternoon Comments 05/17


Wheat futures seemed to suffer Friday from the ongoing dollar rally and its potential for curtailing export demand. Other price shifts may simply have reflected the impact of wet weekend forecasts for the central U.S. That is, increased moisture in the west could improve the winter wheat harvest, thereby weighing upon Chicago and Kansas City prices. On the other hand, wet fields in the Northern Plains could slow spring wheat plantings and reduce production prospects for that region. July CBOT wheat futures slipped 4.5 cents to $6.8325/bushel in Friday morning trading, and July KCBT wheat dropped 5.25 to $7.3725, while July MGE futures were unchanged at $8.0375.
Market Info

Latest News

An international vision for wheat improvement

05/16/13

The Wheat Initiative, an international consortium of public institutions and private companies, was created as part of the 2011 action plan of the G20 Agricultural Ministries to coordinate global wheat research and participate to global food security.

World wheat trade nearly unchanged

05/15/13

World wheat trade for the July-June international trade year in 2013/14 is projected at 143.0 million tons, just 0.7 million tons lower than in the previous year. However, the structure of imports and exports by country is expected to shift substantially.

USDA: U.S. Winter wheat conditions mixed

05/15/13

The USDA, National Agricultural Statistics Service (NASS) May 6 Crop Progress report indicated that 32 percent of the winter wheat crop is rated good to excellent and 39 percent was rated poor to very poor.

Stripe rust confirmed in wheat in southeast Nebraska (05/15/13)

Crop rotation with nematode-resistant wheat can protect tomatoes (05/14/13)

Wheat breeding science offers greater yields (05/14/13)

Scout wheat fields for brown wheat mite (05/13/13)

Strong cereals production seen in 2013 (05/10/13)

Stripe rust detected in southeast Kansas (05/08/13)

Team comparing genetics of ancient and modern wheat (05/06/13)

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Commodity Info

Charts

Markets

Utah Grain Bids (05/18/13)

East River South Dakota Grain Markets - Closing Elevator Bids (05/17/13)

Grain Prices @ Illinois Interior Country Elevators (05/17/13)

Minneapolis Daily BASIS Report (05/17/13)

CO/NE/WY Elevator Grain Bids (05/17/13)

Montana Cash Grain Prices (05/17/13)

Export Grain Bids (05/17/13)

Kentucky Daily Grain Elevators, Open Bids (05/17/13)

South Carolina Closing Grain Bids (05/17/13)

North Carolina Grain (05/17/13)

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Key Reports/Outlook

Projected 2012/13 wheat price at record high  (05/14/13)

USDA: U.S. Winter wheat conditions mixed (05/14/13)

U.S. exports down in 2013/14, reduced for 2012/13  (05/14/13)

World wheat trade nearly unchanged (05/14/13)

Crop markets exhibit considerable strength Thursday morning (04/25/13)

Feed and residual wheat use down in 2012-2013 (04/12/13)

World wheat production unchanged this month (04/12/13)

Prospective 2013 wheat plantings up slightly from 2012 seedings (04/12/13)

Producers still waiting for wheat conditions to improve (04/08/13)

Wheat hangs on as April’s rollercoaster weather continues (04/01/13)

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