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Market Commentary

Afternoon Comments 05/23


The fact that wheat futures had not performed as well as corn and beans lately may help explain their relatively strong reaction to the weekly USDA Export Sales report. Both old and new crop wheat sales, at 239,000 and 713,600 tonnes, respectively, topped pre-report expectations, which then seemed to boost futures prices. The big U.S. dollar decline may also have encouraged buying. July CBOT wheat futures surged 14.75 cents to $7.0325/bushel at its Thursday settlement, while July KCBT wheat advanced 10.5 cents to $7.545, and July MGE futures gained 5.5 cents to $8.1325.
Market Info

NDSU Seed Department releases certified winter wheat list

North Dakota State University  |   August 15, 2012
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The North Dakota State Seed Department has concluded field inspections of certified winter wheat seed production fields and has made its annual list of certified winter wheat seed available on its website.

"In 2012, certified seed production increased to a record 20,598 acres, so there should be adequate seed supplies of high-quality certified seed available for fall planting," says Steve Sebesta, State Seed Department deputy seed commissioner.

Producers looking to purchase foundation, registered or certified winter wheat seed can go to www.ndseed.com and click on Field Seed Directory at the top to find the 2012 list. Producers also can obtain a list from the Seed Department or their local North Dakota State University Extension Service office.

"The fields listed have passed inspections and meet certification requirements for field standards," Sebesta says. "However, the seed is not certified until it has been conditioned and lab tested to ensure it meets seed standards and is properly labeled."

Buyers and sellers are advised to pay close attention to the plant variety protection status for all varieties and call the Seed Department or variety owners if there are any questions about legal seed transactions.

For more complete and detailed descriptions of the varieties listed, consult NDSU Extension publications at http://www.ag.ndsu.edu/ndsuag/crops.


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