Skip to content

MN Wheat Weekly Wheatsource

MN Wheat Weekly Wheatsource

MN Wheat Weekly Update

Drought Monitor July 30th vs August 6th (US Drought Monitor) 

Yellow = Abnormally Dry, Tan = Moderate Drought, Orange = Severe Drought  

 

 

 

 

 

 

 

 

 

 

MN Crop Progress Report (USDA) August 10th  (USDA)   

 

  • HRS 98% Turning Color   
  • Harvest 19% Complete – 11 days ahead of last year, 2 day behind normal 
  • HRS Crop Condition – 2% Very Poor, 4% Poor, 19% Fair, 64% Good, & 11% Excellent
  • Top Soil Moisture – 3% Very Short, 14% Short, 74% Adequate, & 9% Surplus 
  • Sub Soil Moisture – 2% Very Short, 10% Short, 79% Adequate, & 9% Surplus 

 

U of M Soil and Water Management Field Day August 13th
Soil and water management and conservation are the focus of the 7th Soil and Water Management Field Day being held virtually on Thursday, August 13. This program will run from 9:00 a.m. to noon and include presentations and question and answer sessions. The webinar is free, but participants must pre-register online.

To continue reading, view page: https://blog-crop-news.extension.umn.edu/2020/08/soil-and-water-management-field-day.html 

Wheat Harvest 2020 (Erica Oakley, US Wheat Associates)

 

  • The HRW harvest continues to advance with steady to improving quality. The SRW harvest is complete and sampling collection is winding down with a much-improved crop over 2019. Hot, dry weather is pushing the SW crop forward; initial data indicate very good grade and non-grade factors. HRS and northern durum conditions have improved with warm, dry weather pushing crop development.

 

MN Farm Suicide Survivors Support Group
An online group providing support to Minnesota farmers and farm families who have lost a loved one to suicide.  Group will be held the third Monday of each month from 8-9:30 pm.

 

  • Goal:  To give survivors a nonjudgmental, comfortable and completely confidential space to express themselves and find support among other farm family members who truly understand.

 

 

US Wheat Price Report (Claire Hutchins)

  • The prospect of increased wheat production and exports out of the Black Sea pressured all wheat futures prices week over week. CBOT soft red winter (SRW) futures fell 36 cents to close at $4.95/bu. KCBT hard red winter (HRW) futures lost 27 cents to end at $4.15/bu. MGE hard red spring (HRS) futures dropped 19 cents to close at $4.94/bu. CBOT corn futures fell 8 cents to end at $3.08/bu. CBOT soybean futures lost 24 cents to close at $8.66/bu.

Commercial Sales
  • This week’s commercial sales of 605,000 metric tons (MT) for delivery in 2020/21, as of July 30, were 11% less than last week’s 677,000 MT but in line with trade expectations of 200,000 MT to 800,000 MT. Year-to-date commercial sales now total 10.2 million metric tons (MMT), 9% ahead of last year’s pace. USDA expects all 2020/21 U.S. wheat exports will total 25.9 MMT, down 2% from 2019/20, if realized. 

 

  • US Wheat Full Supply & Demand Report:

 

 

September Marketing Seminar (MAWG & NDGGA)

Join the Minnesota Association of Wheat Growers and the North Dakota Grain Growers for their Virtual Marketing Seminar Wednesday, September 16, 2020 from 4:00 – 7:00 pm.

Visit mnwheat.org for the program and to register.

 

 

NAWG Legislative Update (Caitlin Eannello)

  • NAWG Signs on to WRDA Letter

On July 28, 2020, National Association of Wheat Growers (NAWG) joined twenty-six national agriculture organizations, as part of an Ag Transportation Working Group, in sending a letter in support of the H.R. 7575, the Water Resources Development Act (WRDA) of 2020, which was considered and approved in the House last week.  Read the letter here.

 

  • NAWG Submits Comments to USDA’s Agriculture Innovation Agenda

On July 31, the National Association of Wheat Growers (NAWG) submitted comments to the on the U.S. Department of Agriculture (USDA) ’s Request for Comments on its Agriculture Innovation Agenda (Docket No. USDA–2020–0003 | FR Doc. 2020–06825). NAWG’s comments focused on the “program’s impact on wheat research aimed at improving wheat productivity for our producers and the goals set forth in this initiative could impact future research funding priorities and regulatory frameworks.”

 

  • EPA Proposes Registration of New Herbicide to Aid in Resistance Management

On July 31, 2020, the U.S Environmental Protection Agency (EPA) announced their proposal to register a new active ingredient, tiafenacil, a contact herbicide for pre-plant and pre-emergence burndown use in corn (all types except sweet corn), cotton, soybeans and wheat. According to the EPA, “The need for additional tools such as tiafenacil to manage these resistant weeds is growing, as herbicide resistance presents a significant financial, production and pest management issue for growers throughout the nation.”

 

Industry News (Minnesota Farm Bureau Weekly News Update)

USDA Extends Deadlines, Defers Interest Accrual Due

The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) recently announced it will authorize Approved Insurance Providers (AIPs) to extend deadlines for premium and administrative fee payments, defer the resulting interest accrual and allow other flexibilities to help farmers, ranchers and insurance providers due to the COVID-19 pandemic.

Specifically, USDA is authorizing AIPs to provide policyholders additional time to pay premium and administrative fees and to waive accrual of interest to the earlier of 60 days after their scheduled payment due date or the termination date on policies with premium billing dates between August 1 and September 30, 2020. In addition, USDA is authorizing AIPs to provide up to an additional 60 days for policyholders to make payment and waive additional interest for Written Payment Agreements due between August 1 and September 30, 2020.

 

Farmers with crop insurance questions or needs should continue to contact their insurance agents about conducting business remotely (by telephone or email). More information can be found here.