Wheat Industry News
Recent news and highlights from around the wheat industry.
Quote of the Week: “Each of us is still at the negotiating table, and we remain committed to working together on a Farm Bill. Our conversations are productive, and progress toward an agreement is taking shape. We are going to get this right.” — From a Sept. 26, 2018 statement, on progress of the 2018 Farm Bill by Agriculture Committee Chairmen Sen. Pat Roberts, R-Kan., and Rep. K. Michael Conaway, R-Texas, and Ranking Members Sen. Debbie Stabenow, D-Mich., and Rep. Collin Peterson, D-Minn.
Congratulations. We are fortunate to have devoted, loyal colleagues at USW. This month Vice President of Finance Kevin McGarry is celebrating 35 years. Thank you, Kevin, for your service to our organization, to U.S. wheat farmers and to our customers around the world.
National Wheat Foundation Scholarship. The National Wheat Foundation’s Jerry Minore Scholarship honors a student pursuing a career in agriculture and is available to both high school and college students for the 2019-2020 academic year. “The purpose of the Jerry Minore Scholarship is to help students who are passionate about agriculture at school and at home,” said Wayne Hurst, Chairman of the National Wheat Foundation. “Our students are the future. They will go on to educate the next generation about wheat, agriculture, and their role in society.” The application deadline is Dec. 1, 2018. Click here to learn more and apply.
Sending Our Concern. Mother Nature has taken her toll recently in many of the nations that import U.S. wheat. Our thoughts go out to the people of the Philippines, Hong Kong and southern China affected by Typhoon Mangkhut, and to Indonesia’s grieving families and refugees left in the wake of the recent earthquake and tsunami. We also recognize the many farmers and others in the wheat industry recovering from the flooding after Hurricane Florence in North Carolina.
Congratulations. Erica Olson, Marketing Development and Research Manager at the North Dakota Wheat Commission, recently welcomed with her husband Craig, a baby girl named Paige Evelyn, who joins her three older siblings. USW wishes the Olson family all the best!
Changes to USW Price Report. Due to increased demand for higher protein U.S. soft white (SW) wheat and the low average protein levels of the 2018/19 crop, the USW Price Report will change this week to show min 9.5 protein premiums (currently about a 20 cent per bushel premium to max 10.5 SW prices) and no longer show an unspecified protein level. Unspecified protein SW has priced equal to max 10.5 SW for the last several months. USW will continue to monitor market conditions and make changes to the report as necessary.
Subscribe to USW Reports. USW publishes a variety of reports and content that are available to subscribe to, including a bi-weekly newsletter highlighting recent Wheat Letter blog posts, the weekly Price Report and the weekly Harvest Report (available May to October). Subscribe here.
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