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The most relevant industry news curated specifically for Idaho’s wheat growers.

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Cost Estimates for Sustaining Farming if Lower Snake River Dams are Breached

An irrigators association estimates it would cost as much as $1 billion to keep farming if the four lower Snake River dams are ever breached. Washington state and the Bonneville Power Administration would need to pay irrigators about $750 million over four years to reconstruct about 25 pump stations in the event of breaching, and cover disruption to their farms as the dams are removed and replaced, according to the Columbia-Snake River Irrigators Association.

Idaho Legislature Once Again Comes Out Against Dam Removal, Breaching Efforts

In a 29-5 vote, the Idaho Senate on Monday adopted Senate Joint Memorial 103 to voice opposition to the federal government’s efforts to remove and breach dams in the Columbia-Snake River system. A joint memorial is not a bill, but rather it is a petition or representation made by either chamber and approved in the other chamber, “addressed to whoever can effectuate the request of the memorial." According to the joint memorial, the Idaho Legislature addresses President Joe Biden, the U.S. Congress and Idaho’s congressional delegation. The Idaho Legislature in the joint memorial said it recognizes the importance of the Columbia-Snake River system for fish and wildlife, recreation, hydropower generation, irrigation, and transportation for agriculture.

Your Toughest Mental Health Goal? Being Kinder to Yourself

We can be hard on ourselves. We often focus on our perceived limitations and get caught in a cycle of self-reproach and criticism. This self-punitive attitude can distance us from others, as we might feel unworthy of or a burden to other people, increasing our disconnectedness and loneliness. This is mirrored by activation patterns in the brain: Isolation and poor self-esteem have been associated with altered activity in areas connected to motivation, reward and stress response. Low self-esteem and social isolation go hand-in-hand. But the opposite is also true: Treating ourselves well is connected with positive feelings toward others and gratitude about life.

Ag Census Shows Idaho Lost 2,119 Farms

Idaho lost 2,119 farms, or 8.5 percent of its total farms, between 2017 and 2022, according to the 2022 Census of Agriculture. Data from the 2022 ag census was released Feb. 13 and it showed there were 22,877 farms and ranches in Idaho during the 2022 census year. That was down from 24,996 farms during the 2017 census year. The Census of Agriculture is conducted every five years and is the only source of uniform, comprehensive and impartial agricultural data. It provides millions of potential data points on U.S. farming, down to the county level.

China Opens Wheat Door to Argentina

Argentina and China agreed on a phytosanitary protocol in October 2023, paving the way for Argentine wheat to be imported by the Asian giant. That was followed by a January 2024 announcement that China added several Argentine companies to its list of approved exporters.“Sales are now possible, but none have yet been announced,” the U.S. Department of Agriculture stated in its recent Grain: World Markets and Trade report. Argentina typically ships its wheat to other Latin American countries, but in bumper years it goes further afield, selling to markets in Asia and Africa.

No 'Love' for Grains During Valentine's Day Week

It's Valentine’s Day week and there is no love in the air for the grain markets. You have to look back to 2020 to find a mid-February that Cupid found himself showing up with such low prices in corn, soybeans and wheat. No news is probably bad news in this case, but the market needs something to help stop the downward trajectory. There are a couple of items to be watching for that can lead to a change of direction among the grains. The Commodity Futures Trading Commission Commitment of Traders report showed the managed money traders holding a net short position of 297,744 contracts, that is only 24,271 contracts from a record short position from 2019.

Ukraine's New Grain-Export Corridor Pumping

Ukrainian grain exports over the past couple of months have soared to levels not seen since before Russia’s invasion in February 2022, thanks primarily to the unmitigated success of its new protected maritime export corridor, which was established following Russia’s withdrawal from the UN-brokered Black Sea Grain Initiative. Kyiv launched what it called a humanitarian shipping corridor in August last year to link Ukraine’s Black Sea ports with its global customer base, several weeks after Moscow refused to agree to a new accord to allow Ukrainian agricultural exports through the contested Black Sea. Russia threatened to treat all vessels moving to and from Ukraine’s Black Sea ports as potential military targets.

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