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Articles of Interest – Friday, October 26, 2018

Articles of Interest – Friday, October 26, 2018

Canadian Farmers Struggle To Finish Wheat Harvest As Quality Issues Become Common
AgWeb – 10/24/2018
Hot, dry weather over the summer in the Canadian Grain Belt, followed by a wet and snowy September has hurt the wheat yields and slowed down harvest considerably. Alberta, the second largest wheat producing province, is only around 50% finished with harvest when they are usually completely finished by this point. Some of the unharvested wheat is even beginning to sprout in their stands, ruining the quality of the wheat for milling. The weather forecast calls for clear skies over much of Canada, likely allowing farmers back into the fields. Canada is the 3rd largest exporter of wheat in the world.

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Jordan Wheat Imports Holding Steady
World-Grain 
– 10/25/2018
Jordan’s wheat imports for 2018-19 are forecast to reach 1.1 million tonnes, up slightly from the previous year and in line with projected domestic consumption forecasts, according to an Oct. 24 Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture. Jordan, which is not a major wheat producer, is forecast to harvest 20,000 tonnes in 2018-19, unchanged from 2017-18. USDA forecasts the country’s wheat consumption this year at 1.12 million tonnes, down 2% from last year’s total.

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Drought to Cut East Australia Crop Output in Half From 20-Year Average
F3News 
– 10/25/2018
Drought is expected to cut eastern Australia’s crop production this year to less than half the average over the past 20 years, with New South Wales to be worst hit, the country’s agricultural commodities forecaster said on Friday. While some regions are facing the worst conditions in memory, the Australian Bureau of Agricultural and Resource Economics said the drought-hit areas are smaller than in previous droughts. The winter crop in New South Wales, one of the country’s key wheat growing areas, is expected to be 65 percent below the 20-year average in the year to June 2019, the bureau said in an analysis of the 2018 drought prepared for a summit in Canberra on Friday.

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WTO Member Group Vows to Reform Rules on Subsidies, Dispute Settlement
Reuters – 10/25/2018
Top trade officials from 12 countries and the European Union on Thursday vowed to reform World Trade Organization rules in the face of U.S. actions that threaten to paralyze the body and address some of Washington’s complaints about Chinese subsidies.The officials, meeting in the Canadian capital Ottawa, said they shared a “common resolve for rapid and concerted action” to address challenges to the WTO. “The current situation at the WTO is no longer sustainable. Our resolve for change must be matched with action,” the officials said in a communique issued after their day-long meeting ended.

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Oklahoma’s Wheat Growers Are Taking Advantage of the Weather, So Far
NewsOK – 10/26/2018

Bob Howard raises cattle and grows wheat in Jackson County, and so far, Howard is happy with the weather. And he’s got something to look forward to. His crop he planted in 2017 generated an 11-bushel-per-acre yield, and Howard said this year is looking much better. “I’m shooting for 40 bushels this time,” he said. “My average is about 35, plus. “It’s been a long time since we’ve gone into the fall with this much subsoil moisture,” Howard said.

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Source: U.S. Wheat Associates