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Maltby Marketing News for July 30

Maltby Marketing News for July 30

Kansas Association of Wheat Growers

July 30 Dan Maltby Marketing Newsletter

Hello Kansas Wheat.

The Wheat Quality Council’s Spring Wheat Tour results made me revise my USA spring wheat production estimate lower. I dropped it 30 million bushels to 550, down from 580.

Here’s a link to DTN’s take on the spring wheat tour:

https://www.dtnpf.com/agriculture/web/ag/news/article/2018/07/26/41-1-bpa-spring-wheat-comes-average

I think late rains would still make bushels, but if this weather forecast holds, it will be a dry week in Spring Wheat country. Plenty of rain elsewhere, but not on MN, ND, SD and MT, or southern AB, SK, or MB.

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Source: Kansas Association of Wheat Growers