Recent news and highlights from around the U.S. wheat industry.
Speaking of Wheat.
“The overall sentiment is not great, but they are farmers, so they are thinking next year is going to be better.” – Casey Chumrau, Executive Director, Idaho Wheat Commission, describing the farming community’s outlook. Read more.
U.S. Millers Weigh in on Drought Effects. Reuters reports that millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains that produce more than half of the world’s world’s supply. While overall global wheat stocks are large, the drought affects mainly the high-protein spring wheat crop that millers such as Archer Daniels Midland Co (ADM.N) and bakers, including Grupo Bimbo (BIMBOA.MX), rely on to produce the texture and moistness in baked goods that consumers expect. Read more.
Oregon Wheat Hiring. The Oregon Wheat Growers League and Oregon Wheat Commission are hiring a new Director of Communications. This position supports the Chief Executive Officer to provide the development and growth of Oregon Wheat communications, outreach, advocacy, education and public relations programs. Read more about the position and how to apply here. The position will stay open until it is filled but apply for first-round consideration by September 7, 2021.
U.S. Wheat Associates Publishes Commercial Sales every Thursday, documenting wheat export sales-to-date by country and class for the current marketing year compared to the previous marketing year on the same date. The report includes a 10-year commercial sales history by class and country. Data is sourced from the USDA Foreign Agricultural Service Weekly Export Sales Report. Read the latest report on the USW website.
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