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NAWG Weekly Updates, March 08, 2019

PRESS RELEASE: NAWG and the National Wheat Foundation Named New Board Officers at the 2019 Commodity Classic The National Association of Wheat Growers and the National Wheat Foundation wrapped up the 2019 Commodity Classic with a new slate of officers. NAWG President and Southwest Oklahoma farmer Jimmie Musick has passed the gavel down to Vice…

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U.S. Wheat Associates – Wheat Letter

March 7, 2019 Positioned to Return More Value to Wheat Buyers and Producers Originally published February 28, 2019 By Vince Peterson, USW President Recently, I was searching online for some wheat market information to share at an upcoming meeting. I saw a headline that asked: “What country exports the most wheat?” Great, I thought, here…

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Articles of Interest- Thursday, March 7, 2019

Much Work Ahead if U.S. Grain Exporters Hope to Meet Government Target Reuters – 03/06/2019 As they continue to navigate the ongoing trade war with key partner China, U.S. grain shippers will need to post big numbers in the months ahead to meet government export forecasts for the current marketing year…The 2018-19 wheat marketing year…

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Learn how to write a preharvest grain marketing plan

Successfully marketing commodities in times of low prices is one of the top ways a producer can generate a higher margin. However, determining when and how to market a crop with current low prices is challenging. Grain farmers and agri-business professionals attending this educational session will: learn how to write a pre-harvest marketing plan review…

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Articles of Interest- Wednesday, March 6, 2019

Canada Wheat Exports to China Rising World-Grain – 03/01/2019 Canadian wheat exports to China for the August through December period in the 2018-19 grain marketing year were 74% ahead of the three-year average for that period, according to a Feb. 28 Global Agricultural Information Network report from the U.S. Department of Agriculture (USDA). The USDA…

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Farmers with Ties to Ashby Elevator Must File Claims By March 23

Farmers who have conducted business with the Ashby Farmers Cooperative Elevator of Ashby, Minn., must submit a bond claim with the Minnesota Department of Agriculture by March 23. This applies to farmers that have not received payment or who had grain stored at the elevator. The elevator, in accordance with the law, held a $125,000…

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Articles of Interest- Tuesday, March 5, 2019

US Ag Economic Outlook Seen as Positive but with Slow Growth High Plains Journal – 03/04/2019 Fiscal year 2019 agricultural exports are projected at $141.5 billion, as grain and feed exports are forecast down $100 million to $33.7 billion. Oilseeds and products exports are projected at $27.8 billion, down $100 million from November expectations, driven…

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U.S. Wheat Associates Price Report

March 1, 2019 Read the full report as a PDF Stiff competition from cheap global supplies and an onslaught of technical selling pushed all wheat futures well below last week’s close. A stronger U.S. dollar enhanced losses. March soft red winter (SRW) futures lost 33 cents to end at $4.54/bu and March hard red winter…

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Leading Agriculture Organizations Endorse USMCA

ORLANDO (March 1, 2019) – The National Corn Growers Association, American Soybean Association, National Association of Wheat Growers and National Sorghum Producers today announced their support for the U.S.-Mexico-Canada Agreement (USMCA) Mexico and Canada account for 25 percent of all U.S. agriculture exports and USMCA preserves and builds upon the existing trading relationship between the…

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Articles of Interest- Friday, March 1, 2019

WTO Rules Againt China on Wheat and Rice Subsidies Agri-Pulse – 02/28/2019 In a major victory for U.S. farmers, the World Trade Organization ruled on Thursday that China was improperly propping up its wheat and rice farmers by maintaining artificially high prices for their crops. The ruling by a WTO panel that China had exceeded WTO limits for…

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WTO Dispute Panel Confirms China’s Domestic Agricultural Support Exceeds Limits, Distorts Trade

ARLINGTON, Virginia — U.S. Wheat Associates (USW) welcomes the ruling today by a World Trade Organization (WTO) dispute panel that Chinese government payments to farmers for wheat exceed China’s aggregate measure of support (AMS) commitments and significantly distort global wheat trade. The panel was formed after the U.S. Trade Representative (USTR) challenged China’s domestic agricultural…

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