Wheat exports - different stories for sifferent classes

[Palouser]

Looking at the tables overall wheat exports are down but why is a different story perhaps.

Year over year HRS is up - even though we know the protein isn't very high.

SRW is a poor showing. We know that quality there was hurt very much by rain.

HRW is down by 1/3. Quality issues there too but I don't know if that accounts for it.

SWW. At the rate it is shipping we aren't going to have enough to meet the demand due to a poor crop last year. Doesn't look all that good for next year at this point.

[sw363535]

HRW,

My suspecion is ---it isn't there.  We have had short crops for 4 years now.  High % went for seed this year as we used wheat to cover ground bare and ready to blow.  Meaning if it snows and rains next spring there are a lot of acres planted.  If it stays dry the cover will die again and we will use irrigated production to generate seed once more.

Other regions of the world have had enough to fill the gap.  If austrailia had a short crop and russia cuts back we could see some improvement in the cheap crop price.  Weather is still the driver in wheat.  

It looks to me like wheat is potentially more volatile than the other grains in 2015.  Up and down.

[Jameshh1964]

Palouser,
Local Willamete valley conventional SWW growers have just pre sold their sw club wheat for $8.00/bu. It is exceptional quality. 62 lb test weight and 7% protein. Yielded over 200 bushel/acre irrigated.

[sneeky253]

Are they going to push for world record wheat yields?

[Jameshh1964]

He's not the first Willamette valley grower to hit 200 bu/acre. Great farmers, great soil, great climate, great neighbors and a nice relationship with OSU and the Washington crop improvement association.