wheat exports

Higher prices, smaller exports for U.S. wheat

U.S. wheat exports are slowing due to high prices and rising global production, said the Agriculture Department on Thursday. "U.S. export prices are expected to remain elevated [for] the rest of 2021/22, further diminishing U.S. competitiveness," said the USDA's monthly WASDE report.

As Trump takes victory lap, Canada begins USMCA approval

President Trump led a 37-minute celebration of the new NAFTA on Wednesday, signing the United States-Mexico-Canada Agreement on the White House lawn during a ceremony packed with laudatory descriptions of the “very, very special” tri-national free trade agreement.

Export sales to Japan aren’t fake news, wheat growers tell Trump

A day after President Trump scoffed at wheat exports to Japan — “They don’t even want our wheat,” he said — U.S. wheat growers called out the president for maligning an important trade relationship. It was one of the first times farmers have talked back to Trump since they helped elect him to office.

As U.S.-China talks resume, the biggest U.S. farm group asks for an end of trade war tariffs

The largest U.S. farm group urged trade negotiators “to write the next chapter” in Sino-U.S. relations this week by eliminating trade war tariffs that are depressing ag exports, an important part of farm income. On Monday, the USDA reported an uptick in soybean exports to China, but there was no sign of large “goodwill” purchases on the eve of negotiations in Shanghai.

Rogue GE wheat found in U.S. Northwest for fourth time since 2013

The USDA has never approved cultivation of genetically engineered wheat, yet for the fourth time since April 2013 a wheat strain resistant to the weedkiller glyphosate was found growing wild in the northwestern United States. The discovery could disrupt wheat exports and it raises questions about USDA's ability to police agricultural biotechnology.

U.S. wins again at WTO, though compliance by China may be months away

The WTO ruled in favor of the United States in its complaint that China had rigged its tariff system to constrict entry of foreign-grown grain. The ruling was the second U.S. victory in seven weeks against trade-distorting Chinese agricultural practices.

WTO rules China gave its growers unfair wheat and rice subsidies

The Trump administration, with the weight of a WTO ruling behind it, called on China on Thursday to eliminate trade-distorting wheat and rice subsidies that cost U.S. farmers hundreds of millions of dollars a year in export sales. The WTO panel report may provide impetus to negotiations to resolve the Sino-U.S. trade war.

‘Dairy was a deal-breaker’ in writing NAFTA’s successor, says president

President Trump veered between predicting easy approval of the new Canada-Mexico-U.S. trade agreement and expressing concerns about opposition to the pact on Monday while declaring that the agreement “is a very, very big deal for our farmers.”

Russia still top wheat exporter; U.S. falls off the pace

Due to bad weather, Russia's wheat crop will be one-fifth smaller than last year. But Russia will remain the No. 1 wheat exporter in the world while the EU pushes the United States into third place, according to a USDA forecast released Tuesday. In its monthly WASDE report, the USDA said farm-gate prices for this year's U.S. corn, wheat and soybean crops would be the highest since the commodity slump began early this decade.

Wheat, soy groups fear retaliation for U.S. steel and aluminum duties

Groups representing U.S. wheat and soybean growers said the steel and aluminum tariffs announced by President Trump might lead to retaliatory steps by China, the No. 1 buyer of American farm exports.

Wheat groups in Canada, Mexico, and U.S. ask for NAFTA update, not breakup

In a letter to leaders of the NAFTA nations, seven wheat groups that span the continent and represent a range of players, from growers to millers to bakers, said an updated NAFTA that continues duty-free agricultural trade is critical to their success.

‘TPP 11’ agree on trade pact a year after U.S. dropped out

A year to the day after President Trump pulled the United States out of the Trans-Pacific Partnership trade pact, the remaining 11 nations, which include Australia, Japan, Canada, and Mexico, completed a free trade agreement of their own.

Russia is back as No. 1 wheat exporter

The United States rebounded to its longtime spot as the world’s largest wheat exporter last year, but Russia will be No. 1 by a long shot in the 2017/18 marketing year, says the monthly Grain: World Markets and Trade report.

U.S. files second WTO complaint against China grain aid

U.S. farmers lost as much as $3.5 billion in corn, wheat and rice sales to China last year because the world's most populous nation used its tariff system to unfairly limit imports, the Obama administration said in a complaint to the World Trade Organization. Separately, the U.S. asked WTO to appoint a dispute panel to investigate its complaint of excessive Chinese subsidies of corn, wheat and rice.

U.S. Wheat taps Peterson for its president

When U.S. Wheat Associates began looking for a new president, its search committee decided to look within the industry. In the end, the organization found its candidate inside its own ranks — Vince Peterson, its vice president of overseas operations.

Rogue GMO wheat found in Washington state; third U.S. discovery since April 2013

Genetically engineered wheat, developed by Monsanto but not approved for sale, was confirmed growing in the wild for the third time in a little more than three years, said the Agriculture Department, this time in a fallow field in Washington state.

Saudi Arabia boosts its stake in Canadian grain marketer

The agricultural arm of Saudi Arabia's state-owned Public Investment Fund is now the largest private investor in grain handler G3 Canada, the descendant of the Canadian Wheat Board, says Reuters.

As wheat price falls, U.S. makes progress in export race

U.S. wheat exports are forecast for 900 million bushels this year, "up significantly from the previous year's depressed total," says USDA's monthly WASDE report. The United States would rank third among the wheat-exporting nations of the world, trailing the EU and Russia, and a step ahead of last year's fourth-place finish.