News and Information from Around the Wheat Industry
Speaking of Wheat
“The market dynamics with the Russian invasion of Ukraine disrupting traditional wheat movements, the disastrous drought in the Kansas resulting in a high amount of wheat fields abandoned and short overall production, and increased rail transportation costs are all market factors leading to the recent announcements of U.S. flour mills purchasing wheat for import by water, which is a very rare occurrence.” — Justin Gilpin, Kansas Wheat CEO.
Congratulations to Dalton Henry
The Agricultural Business Council of Kanas City has selected U.S. Wheat Associates (USW) Vice President of Trade Policy Dalton Henry (photo above) as one of its 2023 Young Leaders in Agribusiness. “We are pleased to recognize these young people who have been nominated by their employers and have shown exemplary passion, leadership, and business acumen,” said Council Chair Dustin Johansen, adding that individuals like Henry “represent the future, the next generation of executives who will lead the agribusiness sector.” Read more here.
Rain in China Hurts Wheat Harvest
Wheat farmers in China are apparently facing significant crop losses after two weeks of heavy rains that have left their fields sodden. The losses may lead China to rely more heavily on grain imports this year, the impact of which would be felt across the global grain economy. Read more here.
Global Factors Also Push Italian Pasta Prices Higher
Despite seeing a significant drop in inflation, prices are still posing a pinch to shoppers in Italy, particularly when it comes to pasta. Read more and view a video online here.
Women Making Inroads in Milling
At its recent annual conference in Minneapolis, Minnesota, a large contingent of women participated in the event as part of the Women in Milling program that was inaugurated several years ago and continues to grow. Approximately 135 women attended the conference, which was about 13% of the total number of delegates. Many of them were first-time attendees and had met one another virtually on the association’s monthly Women in Milling session. Read more here.
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