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Articles of Interest- Monday, March 25, 2019

Low Wheat Prices May Not be the Cure for Low Prices Southwest Farm Press – 03/22/2019 An old cliché says, “The cure for low prices is low prices.” In today’s world wheat market, this may not be true. The belief that higher wheat production results in lower prices also may not always be true. Current…

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U.S. Wheat Associates Price Report

March 22, 2019 Read the full report as a PDF All wheat futures prices for the May contract period closed up from last week. Technical buying, short-covering, China’s purchase of more than 300,000 metric tons (MT) of corn for the first time in 5 years, and increased risk of spring wheat planting delays contributed. A…

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Governor Walz, Rural Finance Authority Clear Way for Disaster Loans

March 19, 2019 The Rural Finance Authority Board today issued a Disaster Declaration for the State of Minnesota which now makes low interest loans available for Minnesota farmers whose operations suffered barn collapses or other damage due to the record winter snowfall. Governor Walz signed a bill yesterday allowing the RFA to declare a disaster…

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Articles of Interest- Friday, March 22, 2019

U.S. Wheat Sees ‘Good Growth Potential’ in Key Markets Capital Press – 03/21/2019 This year U.S. Wheat Associates will receive $10.6 million from USDA’s Market Access Program and Foreign Market Development Program under the new Farm Bill. That’s a 6% increase over last year The organization, which is the overseas marketing arm for the industry,…

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NAWG Weekly Updates, March 21, 2019

NAWG Issues Statement in Response to Flooding in the Midwest As historical flooding hits the Midwest, NAWG extends its support and consideration to those farmers and ranchers who are facing the devastating aftermath. Additionally, NAWG issued a statement highlighting the importance of crop insurance and urging Congress and the Administration to continue to strengthen the…

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U.S. Wheat Associates – Wheat Letter

March 21, 2019 Precision Agriculture Advances Sustainable Wheat Production Originally published March 11, 2019 By Steve Mercer, USW Vice President of Communications No two wheat fields in the world are alike. The fact is, there can be wide variations within a field or even a very small sections of a field. Not that long ago,…

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Articles of Interest- Thursday, March 21, 2019

Brazil Agrees to Let Some Wheat Enter Duty-Free, an Opening for U.S. Grain Successful Farming – 03/20/2019 Wheat growers declared victory — “a big win” — with Brazil’s agreement on Tuesday to allow duty-free import of wheat grown outside of a South American trading bloc. The so-called tariff-rate quota could result in exports worth more…

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Articles of Interest- Wednesday, March 20, 2019

American Ag Sows the Seeds for Foreign Markets of the Future Agri-Pulse– 03/19/2019 If there’s one certain thing, it’s that American farmers, with the aid of technological innovation, will continue to be some of the most prolific food and fiber producers in the world. That’s why, especially in an increasingly volatile trade landscape where major…

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Joint Statement – Wheat Farmers Welcome New Export Opportunity from Trump Administration Agreement with Brazil

ARLINGTON, Virginia — U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) welcome today’s announcement by President Trump and Brazilian President Jair Bolsonaro that Brazil has agreed to implement a duty-free tariff rate quota (TRQ) for wheat, a longstanding obligation under Brazil’s World Trade Organization (WTO) commitments. This agreement opens an annual…

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Articles of Interest- Tuesday, March 19, 2019

Saudi Arabia Grows Wheat Production World-Grain – 03/18/2019 Saudi Arabia’s wheat production is expected to skyrocket the next two market years due to the government’s decision to reduce irrigation. Production is forecast at 500,000 tonnes in 2018-19 and 700,000 tonnes in 2019-20, up from 10,000 tonnes in 2017-18, according to a March 14 report from…

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