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Posts Tagged ‘Tariffs’

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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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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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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Articles of Interest- Friday, February 1, 2019

Nine- Month Profit Falls 36% at Flour Mills of Nigeria World-Grain – 01/31/2019 Flour Mills of Nigeria Plc posted group operating profit of naira 27.3 billion ($75.2 million) in the nine months ended Dec. 31, 2018, down 38% from naira 44.2 billion in the same period a year ago…“The results are largely a reflection of…

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Articles of Interest – Thursday, December 20, 2018

Wheat Imports Rising in Nigeria World Grain – 12/19/2018 Wheat imports to Nigeria in 2018-19 are forecast to rise 4% from the previous year to 5.4 million tonnes, according to a Dec. 18 Global Agricultural Information Network report from the U.S. Department of Agriculture (USDA). The USDA attributed the increase to flour millers’ growing access…

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Articles of Interest – Monday, November 19, 2018

Winter Wheat Prices Are Looking to Pop AgPro– 11/16/2018 Winter wheat planting has been slow this fall. The last report from USDA puts planting progress at 89% complete which is 5 percentage points behind the five-year average. Major producing states like Texas, Oklahoma, Kansas and Arkansas are all behind normal. Slow planting has also led…

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Articles of Interest – Friday, November 2, 2018

How Long Can Russia Underduct U.S. Wheat Prices? Southwest Farmpress – 11/1/2018 Oct. 26 reports noted that the U.S tendered two cargos (60,000 metric ton each) of wheat for Egypt. It was tendered (priced) at $219/MT ($5.96/bu) FOB (free on board vessel). Ocean freight was estimated to be about $30/MT (82 cents) making the C&F…

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Articles of Interest – Monday, October 22, 2018

Wheat Outlook: Global Supplies Tighter on Reduced Australian, Russian Production AgFax – 10/19/2018 This month, 2018/19 all-wheat production for Australia and Russia is collectively lowered by 2.5 million metric tons. These cuts more than offset a slight production increase for the U.S. and help to tighten the global all-wheat balance sheet. At 260.2 million metric tons,…

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Articles of Interest – Tuesday, October 9, 2018

Export Winter Wheat at 72 Percent, Ahead of Last Year According to Report Farm & Ranch – 10/5/2018 According to the USDA Crop Progress Report for the week ending September 30, 2018, topsoil moisture supplies rated 2 percent very short, 12 short, 83 adequate and 3 surplus. Subsoil moisture supplies rated 1 percent very short, 13…

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NAWG Weekly Updates, September 27, 2018

US, Japan Agree to Free Trade Agreement Talks On Wednesday, September 26, 2018, the U.S. and Japan announced that they have agreed to enter into talks for a free trade agreement. In response, USDA Secretary Sonny Perdue released a statement welcoming the news and stated that “export income is critical to the financial health of…

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Articles of Interest – Monday, September 24, 2018

ND Farmer: ‘Only Spanking Ourselves’ With Tariffs Ag Week – 9/24/2018  Brian O’Toole ticks off the 10 Southeast Asian and Latin American countries he’s visited, some more than once, to promote U.S. wheat exports. O’Toole formerly served as chairman of U.S. Wheat Associates, which develops markets for U.S. wheat around the world, and farms in…

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