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Spring Wheat Contracting Information

Blaine Jacobson
Idaho Wheat Commission
(208) 334-2353

Several Idaho grain handlers offer spring wheat contracts to wheat growers. Please check with your grain handler for specific details. The latest information we have is listed below:
Varieties Being Contracted
Alzada and Kronos Durum varieties, 13% minimum protein
Klasic, or Blanca Grande Hard White varieties, $.10 premium to market, 12% minimum protein.
Snowcrest Hard White variety, $.15 premium to market, 12% minimum protein
Pristine Hard White, see grain handler for details
WB 470 Soft White variety, $.10 premium to market
Alturas Soft White variety, contract price based on futures
Selected HRS I.P. varieties, including WB 936, Jefferson, & Jerome varieties, $.10+ premium to market
Organic wheat, HRS, SW, HW, HRW, market price + $2.50 premium

Idaho Grain Handlers Offering Contracts
General Mills, Idaho Falls
AgriSource, Burley, Newdale, Mountain Home
Ririe Grain
Pasley Grain, Idaho Falls

Demand continues to outpace supply for Hard White wheat grown in southern Idaho. For the past couple of years, the entire crop has been sold within days of harvest. The domestic market demand for hard White remains superb as we go into another spring planting cycle.

Several Idaho grain handlers have responded to our annual survey of spring wheat contracts being offered to wheat growers. There are likely other grain handlers who are offering spring contracts that are not listed below. Please check with your grain handler for specific details.

Tuesday, August 16, 2016
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Growers’ help needed to improve crop insurance
Sprout damage from heavy rains in southern and eastern Idaho at the end of the 2014 growing season made evident the inadequacy of current crop insurance for wheat growers, which is based on yields and not quality.

USDA’s Risk Management Agency has expressed a willingness to make changes to the quality standard for wheat by addressing the low falling number scale, but the agency wants to address the issue nationwide and needs strong data to support any changes.
Growers can assist the effort by providing multiple years of settlement data, at least the last six years but preferable the last 10 to 12.

RMA does not need and would prefer not to receive growers’ names, addresses and tax ID numbers.

The data must contain: the year; county and state where the crop was grown (not sold/delivered); quality of production; gross price received; net payment (gross less any dockage, but not considering any storage or shipping fees); test weight; and protein.

In addition, the agency needs at least one of the following: DON/VOM; falling number; or other quality spec of interest.
Growers are asked to send info to Blaine Jacobson at blaine@idahowheat.org.