Chicago wheat rose around 2% on Monday as global supply concerns intensified, spurred by fears of an escalation of attacks on Black Sea shipping after a Ukrainian strike on a Russian tanker. “Wheat is being supported by increased risks from the Black Sea war with the Ukrainian attack on a Russian merchant ship over the weekend following the attack on Novorossiysk on Friday,” said Matt Ammermann, StoneX commodity risk manager.

There is a strong likelihood that the Canada durum crop especially, and possibly the U.S. durum crop, may not produce enough durum to meet the demands of the countries that normally import durum for their pasta needs. In the July 12 Crop Production report, USDA said durum production in 2023 was forecast at 54 million bushels (mb), down 9.9 mb, or 16%, from 64 mb in 2022.

Ukraine has become entirely dependent on alternative European Union routes for its grain exports after Russia last month exited a year-long deal that had allowed them to be shipped safely via its Black Sea ports.This has exacerbated Brussels' efforts to find a balance between helping Ukraine with the demand of five eastern EU member states to protect their own markets by extending a ban on domestic sales of Ukrainian grain till at least the end of 2023.

Join NAWG’s advocacy campaign to engage with legislators on increasing Market Access Program (MAP) and Foreign Market Development (FMD) programs authorized in the Farm Bill. MAP’s authorized funding has not changed since 2006 and FMD funding has remained the same since 2002. Inflation and sequestration have significantly eroded our ability to compete with other countries who are steadily investing more in their agricultural export promotion efforts. Please visit NAWG’s website to participate in the grassroots efforts to make your voice heard.

Members of the US congress speaking in person and virtually at the International Sweetener Symposium in Napa on Aug. 7 expressed doubt as to whether the 2023 farm bill would be passed this year. “It’s going to be a challenge to provide a farm bill by the end of the year,” said Representative Jim Costa of California, a member of the House Agriculture Committee. Instead, he expects a continuing resolution on the matter until the end of the year, considering Congress also has to pass a budget during that time.

The Idaho Wheat Commission (IWC) takes a wheat variety survey twice a year, spring and winter, to gather data on variety usage. The survey takes just under two minutes to complete. Your responses are anonymous and aggregated across multi-county reporting districts.Click the link below to complete the survey

The Columbia Snake River System is a keystone of the Pacific Northwest agricultural economy, an advocate for river users says. An average of 51 million tons of cargo moves through the lower Columbia River each year. About two-thirds of those exports are grain, and about 8.5 million tons of cargo are barged through the inland system of locks and dams, said Heather Stebbings, executive director of Pacific Northwest Waterways Association. The system is the No. 1 wheat export gateway in the U.S., No. 2 in the nation for corn and soybean exports and No. 3 in the world for grain exports, she said.