GrainCents 2018 Spring Wheat Prices, Market Outlook

As we discussed in the FarmLead 2017 review of spring wheat prices and market structure last week, there was

In this in-depth assessment of the 2018 spring wheat market, we’re going to cover such things as,

• Dry spring wheat areas going into 2018/19;
• Divisive spring wheat demand;
• North American spring wheat ending stocks;
• Global wheat production and carryout;
• Domestic and international protein premiums; and
• When you should be selling spring wheat in 2018 (and why!).

GrainCents Spring Wheat Subscriber Benefits

Right now in our spring wheat factors page on GrainCents, we’re watching 8 different variables that we categorize as either bearish, bullish, or just noise for the complex.

If you’re wondering how we analyze things, you can easily read how we view and make sense of the grain markets here.

GrainCents spring wheat readers also see our sales position for 2017/18 old crop and 2018/19 new crop.

Let’s dig into what FarmLead is expecting this year for spring wheat prices and what’s going to be influencing them.

When Should You Sell Spring Wheat in 2018? And at What Price?

Before digging deeper, make sure to set up your FarmLead Price Discovery for spring wheat to make sure you’re aware of what cash spring wheat prices are doing around you.

2018 spring wheat markets are likely going to be categorized by one phrase: “What the heck!?”

Moving forward (and as we’ve discussed in detail), there are…

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

Dry Spring Wheat Areas Going Into 2018/19

2017 was certainly a drier year for most spring-wheat producing areas, especially those in the U.S. Northern Plains.

However, wheat is a weed!

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

 

Divisive Spring Wheat Demand

Canadian spring wheat production surprised many people this past year.

Meanwhile, U.S. spring wheat…

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

Sign Up For GrainCents

 

Spring Wheat Ending Stocks in North America

Canadian spring wheat exports and domestic demand are expecting to be stronger in 2017/18.

But what does this mean for ending stocks?

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

 

Global Production & Wheat Stocks

The world is awash in wheat, regardless of whether U.S. producers slash acreage in the new year.

The USDA notes that….

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

International Demand for High Protein Wheat?

With a glut of wheat in the global marketplace, and with the Black Sea changing some trade winds, it can be a bit confusing to understand who is buying the really good wheat these days.

We know that…..

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

 

Wheat Protein Premiums – Where Are They?

We’ve been hearing a lot of disappointment this year from producers about the lack of protein premiums despite all the headlines that there isn’t a lot of it.

The spreads…

To read the rest of this section, please sign up for your free 3-week GraiCents trial or login to your GrainCents account.

About the Author
Brennan Turner

Brennan Turner is the CEO of FarmLead.com, North America’s Grain Marketplace. He holds a degree in economics from Yale University and spent time on Wall Street in commodity trade and analysis before starting FarmLead. In 2017, Brennan was named to Fast Company’s List of Most Creative People in Business and, in 2018, a Henry Crown Fellow. He is originally from Foam Lake, Saskatchewan where his family started farming the land nearly 100 years ago (and still do to this day!). Brennan's unique grain markets analysis can be found in everything from small-town print newspapers to large media outlets such as Bloomberg and Reuters.

Most Recent Posts
Dec. 12 - Anyone Notice Yesterday’s WASDE Report?
December 12, 2018 Brennan Turner
Grain prices are all in the green this morning as the complex rebounds from a relatively quiet WASDE report, albeit it was viewed as bearish.
October 4: Corn Prices Edge Higher With October WASDE in Focus
October 04, 2018 Garrett Baldwin
Corn prices ticked higher Thursday as traders and analysts began to speculate on next week’s release of the October WASDE report.