Idaho Wheat Commission

News

Wheat Price Perspectives: A Look At Long-Term Trends

Over the last year, world wheat prices have trended steadily lower, continuing their fall from the highs hit in May of 2022 after Russia invaded Ukraine. Ample wheat stocks from Russia and record exports flowing from the Black Sea continue to weigh on global wheat prices. The average world FOB price has decreased $32/MT from the start of 2024 and is nearly $255/MT less than the May 2022 high, according to AgriCensus price data. Although the war still rages in Ukraine, the war risk premium has eroded in the market, allowing prices to revert to pre-war trends. The following will outline the current price situation and highlight factors to watch as wheat markets align with long-term trends.

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April 7, 2026

Changing diets and demographics creating new opportunities for U.S. wheat

Rising incomes, growing populations, and rapid industrialization is creating increased demand for wheat foods around the world.

April 7, 2026

Idaho ag economic impact hits records

The economic impact of agriculture in Idaho reached $44.5 billion in sales, 17.2% of the state’s total economic output.

April 7, 2026

What is the Most Important Asset on the Farm?

How much time do you spend making sure your equipment is properly maintained? From combines and drills to pickups and silos, the farm has spent a lot of money and you probably have a “correct” way to take care of the tools you’ve invested in. But what is the most important asset on the farm? Quick answer: you and the people around you. Do you allocate as much time and attention on those assets? Probably not.

April 7, 2026

ALERT: Warm Weather Threatens Wheat with Yield Loss

The warm winter weather throughout the state has experts concerned about increased fungal diseases creeping into fields and causing yield loss. Xianming Chen, USDA stripe rust expert in the PNW, is warning farmers to start checking their fields. Chen is predicting that stripe rust will be more widespread and extreme this year than in the past 15 years. The last particularly bad year for stripe rust was in 2011. Experts from the U.S. Wheat and Barley Scab Initiative are also warning about fusarium head blight and vomitoxin (DON) in winter wheat. USWBSI is reminding farmers that the best time to apply fungicides for FHB and DON management is at Feekes growth stage 10.51, when 50% of the main tillers have reached early anthesis (flowering) and up to seven (7) days following.

April 7, 2026

Impacts from Iran on Idaho Wheat Inputs

In the two weeks since the February 28 U.S. strikes on Iran, there have been jolts to the global economy. The most obvious adjustment for the majority of Americans will be at the gas pump as oil is manipulated and used as collateral. Beyond fuel, the current unrest in Iran has already started to punch agriculture in the gut in Idaho and across the country.