Wheat
The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday.
Statistics show the nation’s farmers are struggling to pay back their loans after years of low crop prices _ with nearly one out of every five loans in a government farm program now delinquent.
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn.
It’s not just farmers experiencing lower returns this past year, grain elevators could see their margins drop compared to 2018. Higher basis bears the brunt of the blame for elevators’ anticipated lower returns.
As more freezing weather blankets parts of the Plains, wheat growers are worried about potential damage to their crop.
The North Dakota Grain Growers Association (NDGGA) on Tuesday announced it will withdraw from NAWG at the end of June.
The Canadian Food Inspection Agency (CFIA) has confirmed the discovery of unapproved genetically modified wheat plants containing a trait developed by Monsanto in southern Alberta.
Matt Wehmeyer with AgriMaxx Wheat is encouraging farmers and their retailers to push for 100 bushel dryland wheat.