Recent news and highlights from around the wheat industry.
Speaking of Wheat: “Adios South America! We hosted 5 seminars in 5 different cities and in 3 different countries. We made contact with about 100 buyers, technical staff, or managers of mills to tell them the story of the 2019 [U.S. wheat] crop. I couldn’t ask for a better team to travel with and get to know a little better.” – Jason Scott, Maryland Wheat Farmers and USW Past Chairman, commenting on his participation in 2019 USW Crop Quality Seminars in Brazil, Colombia and Peru.
U.S. Wheat Exports Up for the Week. USDA reported export sales of U.S. wheat for the week ending Oct. 24 at 493,700 metric tons (MT), toward the high end of trade expectations for 200,000 to 500,000 MT. USDA note total known outstanding sales and accumulated exports of all U.S. wheat classes for the 2019/20 marketing year to date were 14.6 million metric tons (MMT), 11 percent greater than last year’s year-to-date total of 13.1 MMT. See USW’s Commercial Sales Report online at http://bit.ly/CS_191031.
Another Decline in U.S. Wheat Planted Area? “Dogged by lower prices and tepid demand, U.S. wheat farmers are poised to plant the fewest acres of winter varieties in 110 years,” reported Bloomberg in a story about a survey of farmers. The business news service sites abundant global supplies, farm gate winter wheat prices that are less than corn (maize) prices in some areas and late soybean harvest interrupting some double crop opportunities.
November is National Bread Month. November is a great time for pumpkin spice and everything nice, but it’s also the perfect time to celebrate National Bread Month. Both whole grain flour and enriched flour are important to maintaining a healthy diet. The USDA Dietary Guidelines recommend that at least half of the five to eight servings of grains consumed daily should come from whole grain sources. Read more from the Kansas Wheat Commission here.
Registration for 2020 Agricultural Outlook Forum. This week USDA has opened registration for the 96th annual Agricultural Outlook Forum (AOF), its largest event of the year on Feb. 20 to 21, 2020, at the Crystal Gateway Marriott Hotel in Arlington, Va. “The Innovation Imperative: Shaping the Future of Agriculture” sessions will focus on innovations in agriculture, global trade trends, food loss and waste, frontiers in conservation, and the science of food safety. More information will be released in November. USW is a cooperator with USDA’s Foreign Agricultural Service.
National Wheat Foundation Scholarship Applications are due by Dec. 1, 2019. The Jerry Minore Scholarship is awarded to deserving high school or college students pursuing a career in agriculture for the 2019/2020 academic year. This year the Foundation will be issuing two scholarships for $2,500 each.