Things to Know When Buying U.S. Wheat
U.S. Wheat Associates (USW) works on behalf of U.S. wheat producers to help millers, bakers, wheat food processors and government officials understand the process of buying U.S. wheat at the best value possible.
The U.S. grain marketing system is reliable and transparent but can be complicated. So, USW keeps buyers and wheat food processors informed about the wide variety of U.S. wheat classes, how wheat moves to export markets as well as current crop quality and prices.
As part of a recent seminar for overseas buyers, USW Vice President and West Coast Office Director Steve Wirsching recorded a presentation titled “U.S. Wheat Market Overview.” From how regional climate affects wheat quality and USW’s process for sharing estimated export prices to how export basis regulates the flow of grain to market and the role of the Federal Grain Inspection Service (FGIS), Wirsching provides an important primer for buying U.S. wheat.
Many Resources for Buyers
Click on the image below to see the entire presentation that was used in the buyer’s seminar in July 2021. Additional information is always available online. And most importantly, USW representatives in 13 offices around the world, are always ready to help our customers, through trade service and technical support, making buying U.S. wheat a rewarding experience.