IDAHO WHEAT COMMISSION

News

Ukraine grain a 'big-time next-year problem'

Though futures markets already have priced in uncertainty tied to the ongoing Russia-Ukraine conflict, grain markets the world over will truly begin to feel the impact of supply deficits on the global wheat and corn balance sheets beginning in August and September.  How a global wheat supply deficit of 3 million tonnes plays out is largely dependent on how the rest of the world treats Russia financially.  Ukraine, one of the biggest countries in Europe and the 45th largest in the world, features a land area roughly the size of the US Central states stretching from Chicago, Illinois, US, to New York City, from Toronto, Ontario, Canada, to Raleigh, North Carolina, US. Half of that land is devoted to agricultural endeavors that employ about 15% of the population compared with 3% of the US population. Wheat is produced throughout Ukraine, but most production takes place in the eastern areas, currently a hot spot for fighting, Lardy said. That’s unfortunate for grain since the region is a key southerly logistical route for crops to ocean-going ports, which are closed indefinitely and will require extensive rebuilding.

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April 9, 2024
U.S .Wheat Associates Sees Positive Outcome at WTO Ministerial Conference
To misquote Mark Twain, reports of the death of agricultural negotiations at the World Trade Organization (WTO) are exaggerated. That is a key message for the world’s wheat growers and buyers following the Thirteenth WTO Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates. “Going into MC13 negotiations, we did not want to see any backsliding on past progress made on agricultural commitments at the WTO,” said U.S. Wheat Associates (USW) Director of Trade Policy Peter Laudeman, who joined a coalition of U.S. agricultural representatives at the Conference. “Fortunately, the U.S. negotiating team and many other countries were able to hold firm, particularly against India’s protection of its trade-distorting wheat and rice policies.”
April 9, 2024
How does using SRC testing to improve wheat quality?
Because the quality and attributes of flour can vary by season and variety, it’s important for bakers to understand what works best in their products. One tool that can help them determine flour quality is Solvent Retention Capacity (SRC) testing, said Sean Finnie, director of the Western Wheat Quality Laboratory with the US Department of Agriculture’s (USDA) Agricultural Research Service. He is part of a team that works to improve wheat quality by identifying desirable traits, testing for them and working with breeders to enhance those traits.
April 9, 2024
Analyzing Idaho crop input costs and 2024 projections
Understanding what operating costs will look like in 2024 is crucial for farm businesses. This article provides a background discussion on categories of operating costs of the greatest importance for crops grown in Idaho and an assessment of the 2024 operating cost projections from the USDA Economic Research Service (ERS). The first part provides insights regarding the input prices that can have the greatest influence on a farm business’ profitability.
April 9, 2024
Snowpack improves in much of Idaho
A wet February and early March have boosted snowpacks in much of southern Idaho, where some flood-control operations are planned in coming weeks. Snowpack in the state’s northern areas remains below 30-year medians partly because the dominant El Nino weather pattern pushes Pacific storms south. An anticipated shift to La Nina patterns, expected in late summer and early fall, will bring more rain and snow in northern areas.
April 9, 2024
What's Holding Back U.S. Hard White Wheat in World Markets
A wheat variety introduced just 34 years ago shows great promise for United States wheat producers to better compete in world markets, if some challenges can be overcome. Hard white wheat was created as a distinct wheat class in 1990. A very close genetic cousin of hard red winter wheat, its main difference is that it lacks the red coloring in its endosperm. That red color imparts a taste to flour made with hard red winter wheat that some consider more “wheaty” or even bitter. Hard white wheat flour can have slightly less protein than hard red winter wheat, although its protein content is still much higher than traditional refined white flour.