Friday, August 15, 2014

Just in

Wheat prices still low
Moscow--At Fleeners farm outside of Moscow the winter wheat crop is nearly harvested.The latest USDA supply and demand estimate projects higher production and stocks for U.S. and global wheat production. Wheat prices will stay low until more demand is found, market analysts say. The department raised projections for U.S. wheat supplies for the 2014-2015 crop year in its Agricultural Supply and Demand Estimate, citing an increase in hard red winter wheat production forecasts, as well as smaller increases for soft red winter, hard red spring and durum.
The USDA projected U.S. wheat ending stocks at 18.05 million metric tons, up from 17.97 million metric tons projected in July and 16.05 million metric tons in 2013. (Ritter photo)

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Wheat tour

Idaho Mexico Wheat tour participants from Left to Right:  Clark Hamilton (Idaho Wheat Commissioner), Clark Johnston (JC Management) ...