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…
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!
Divisive Spring Wheat Demand
Canadian spring wheat production surprised many people this past year.
Meanwhile, U.S. spring wheat…
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?
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….
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…..
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.