Tag Archives: marketing

Russia Resumes Ukraine Grain-Export Deal in Abrupt Reversal

From bloomberg.com Russia agreed to resume a deal allowing safe passage of Ukrainian crop exports, abruptly reversing course after Turkey and the United Nations pushed ahead with the shipments over Moscow’s objections. Wheat prices dropped on the news. Read the entire article here. Read More »

Portland container terminal expansion aims to boost farms exports

From the Capital Press The Port of Portland plans to increase the flow of Northwest agricultural exports and Asian consumer product imports by expanding its container terminal’s footprint. The port is investing $10.5 million to replace the pavement and stormwater drains on 10 acres adjacent to its Terminal 6 next year, which it hopes to parlay into further upgrades with ... Read More »

All wheat stocks stored in PNW down 43 percent from last year

From NASS All wheat stored in all positions on Dec. 1, 2021, in Washington totaled 82.6 million bushels, down from 147 million bushels a year ago. Off-farm stocks were down 44 percent, while on-farm stocks were down 38 percent compared to the previous year. In Idaho, wheat stored in all positions totaled 48.8 million bushels, down from 84.7 million bushels ... Read More »

Economist: High wheat prices unlikely to last

From the Capital Press With export demand down, this year’s high wheat prices may not last, a market analyst says. Read the rest of the article here. Read More »

Grain market is teetering on the top of a cliff, analyst says

From agriculture.com The grain market is wavering – like it’s teetering on the top of a cliff. Of course, we don’t know which side it will fall on (up or down), but it’s certainly going one way or the other. Read the rest of the article here. Read More »

Ag organizations remind appropriators to maintain export market development funding

American farmers and rural businesses need continued investment in the Market Access Program (MAP) and the Foreign Market Development (FMD) Program to make up for lost export opportunities in the pandemic and to fight foreign competition. That is the message the Coalition to Promote U.S. Agricultural Exports sent March 9, 2021, in letters to House and Senate Agricultural Appropriations Subcommittee ... Read More »

Wheat industry welcomes final Congressional passage of the Grain Standards Reauthorization Act

From U.S. Wheat Associates and the National Association of Wheat Growers Today, the House of Representatives passed the United States Grain Standards Reauthorization Act (GSA) of 2020, S. 4054. The National Association of Wheat Growers (NAWG) applauds both the House and Senate for their bipartisan work to move the bill forward and reauthorize the GSA through September 30, 2025. NAWG ... Read More »

Congressional elections could impact commodity prices most, expert says

From the Capital Press Which parties control the U.S. House and Senate — and not the outcome of the presidential election — will impact the commodity markets most, an agricultural economist says. “It’s pretty clear that the Senate and the House aren’t going to change leadership, so that’s some certainty that’s been interjected into the market,” said Randy Fortenbery, small ... Read More »

Without profitable prices, leaders fear future of U.S. wheat at risk

From Farm Journal’s Ag Professional It’s a serene setting this time of year. Amber waves of grain surround these mountains as combines are starting to move through the harvest-ready golden fields in the Pacific Northwest. “This is day two,” says Kevin Duling of KD Investors in north central Oregon, while he was in the field harvesting. “We started yesterday afternoon.” ... Read More »

Wheat price outlook filled with uncertainty

From the Capital Press The wheat market will be full of uncertainties for the foreseeable future, a Washington Grain Commission board member says. Read the rest of the article here. Read More »