What is in this article?:
- Wheat: export bans, seed, acreage
- Have you heard anything about wheat seed availability?
- Russia bans grain exports
- Wheat seed short in Mid-South
- Acreage increase expected
Have you heard anything about wheat seed availability?
“We’ve been hearing (about a potential dearth) of seed. Interest in planting wheat has been very big across the Midwest, the Delta and stretching into the Plains. Seed producers we’ve talked to cite very strong demand. There still seems to be seed available and there should be enough for everyone.
On increasing wheat acreage…
“From our work, it appears winter wheat will be up somewhere in the vicinity of three million acres. We think that will mean less soybean acreage, maybe some corn. We’ll have a kind of acreage fight between corn, soybean and wheat ground as we enter next spring. That’s something to watch.”
On the Ukraine’s ban and finishing out U.S. crops…
“We’re watching to see what the announcement on Ukraine’s export ban will be. And by ‘ban’ I mean a quota system. It looks like they’ll put a quota of five million metric tons of all grains — 2.5 million metric tons to be exported by Sept. 31.
“We’ll also be looking at crop condition ratings for the next couple of weeks. My focus is on states like Indiana, Ohio and portions of the northern Delta where rain is lacking. We need rain to finish off the bean crop and help the last of the corn.
“If heat and drought come back in, we may have to trim crop estimates a bit. In the corn market that would be tough because we already don’t have a lot of end stocks available.”