This week’s Grain Farmers of Ontario market commentary has some potentially good news for the wheat market. Analyst Marty Hibbs says Russia’s autumn-sown grains crops are in even worse condition than in 2009.
Japan and South Korea are continuing to test the U.S. wheat they buy to make sure the grain is not contaminated with an experimental version developed by Monsanto Co, but could soon stop the practice, the head of a U.S. wheat association said on Thursday.
Since the farm-to-table movement has become a standard element in the local culinary scene, more and more Coloradans care about where their food comes from. Yet many diners still don’t understand the intricacies of farming, where pesky weeds and summer thunderstorms can ruin both crops and livelihoods.
The U.S. Department of Agriculture (USDA) in its Sept. 11 World Agricultural Supply and Demand Estimates projected carryover of wheat in the U.S. on June 1, 2015, at 698 million bushels, up 35 million bushels, or 5%, from 663 million bushels projected in August, and up 108 million bushels, or 18%, from 590 million bushels on June 1, 2014.
A new wheat variety may have cracked the code to marry the fluffiness of white bread with whole grain nutrition.
For a long time, American bread makers have been in a bind. Many consumers like the texture and taste of white bread, but want the nutritional benefits of whole grains.
Monsanto officials, during a June 5 conference call with reporters, provided an update on information gleaned from the company’s inquiry into the discovery of volunteer glyphosate-resistant wheat growing on an Oregon farm. Monsanto was very much at the center of the controversy, because it was its Roundup Ready event that the U.S. Department of Agriculture (USDA) confirmed was present in wheat samples taken from the farm. Monsanto had field tested Roundup Ready wheat in Oregon and several other states from 1998 through 2005 but discontinued that program in 2005 when the company determined the market was not yet ready to accept a bioengineered wheat.
As part of long-term marketing development activities, U.S. Wheat Associates (USW) is bringing a team of Japanese milling executives to North Dakota and Washington, D.C., May 1 to 7, for a firsthand look at this year’s crop.
European Newsletter U.S. Wheat Associates – February 2013
Current uncertainty suggests further price gains are likely in wheat over the coming months with EU prices expected to set record highs prior to the new crop harvest, predicts agri commodity specialists Rabobank, who foresee a downward movement on sugar prices.
Efforts to sequence the wheat genome are only in the beginning stages, the International Wheat Genome Sequence Consortium said.