IDAHO WHEAT COMMISSION

News

Fuel Price Trends Offer Farmers Some Relief Amid Uncertainty

Fuel prices have stabilized after years of volatility, with recent declines driven by lower crude oil costs. In the Rocky Mountain region, including Idaho, gasoline and diesel prices dropped significantly in 2023 and 2024. The primary reason for this decline is the fall in crude oil prices, which decreased due to weakened global demand and increased supply. Lower fuel costs could provide modest relief for Idaho farmers, with per-acre fuel expenses for wheat, corn, and barley projected to decline slightly in 2025. While these reductions help stabilize operating costs, fuel prices remain higher than pre-pandemic levels. Despite a stable outlook, uncertainty persists. Farmers will need to monitor these developments to manage their 2025 budgets effectively.

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February 8, 2025
Public Meeting Notice
Regular Meeting of the Idaho Wheat Commission Board of Directors
February 8, 2025
Leaps by Bayer Announces Survey of Society’s Attitudes Toward Breakthrough Technologies
At the 2025 World Economic Forum, Leaps by Bayer, the impact investing arm of Bayer, and Boston Consulting Group (BCG) unveiled a groundbreaking global survey exploring public attitudes toward transformative technologies. The study provides valuable insights into how innovators and leaders can better connect with the public on advancements in science and technology. From optimism about scientific progress to skepticism in trusting sources, the findings shed light on both challenges and opportunities for driving social acceptance of innovations that address global issues including health, climate change, and nutrition.
February 8, 2025
U.S. Wheat Associates Marks 45 Years of Service
In 1980, Great Plains Wheat and Western Wheat Associates merged to form U.S. Wheat Associates (USW) to strengthen overseas demand for U.S. wheat. As USW celebrates its 45th anniversary in 2025, it will highlight the dedication of wheat farmers, their state commissions, and global partners, reinforcing the message: "Dependable People. Reliable Wheat." Throughout the year, USW will share stories of commitment and collaboration, emphasizing the advantages of U.S. wheat—high quality, transparent pricing, trusted certification, and expert technical support. These partnerships create a competitive edge, ensuring U.S. wheat remains a top choice for global buyers.
February 8, 2025
U.S. Food Purchases for Foreign Aid Halted
The U.S. government has halted purchases of wheat, soybeans, and other commodities for foreign food aid programs since the current administration initiated a broad review of federal aid spending. This freeze affects major programs such as Food for Progress, Food for Peace, and McGovern-Dole Food for Education. The suspension not only threatens global food aid efforts but also harms U.S. farmers who rely on these programs to support their supply chains and promote their products abroad. Despite a waiver issued to allow food assistance, the USDA has not resumed purchases or provided any communication on the pause. Organizations expecting funds and shipments have faced delays, with some describing the impact as potentially "devastating" to both food aid recipients and U.S. farmers.
February 8, 2025
Weather Expert: ‘Not a Good Forecast for Wheat in the U.S.’
Weather expert Art Douglas predicts worsening drought conditions across the U.S., with 60% of the country already affected and dry conditions expected to expand through summer. Douglas forecasted a cold, dry winter and spring, particularly impacting wheat-growing regions. The Pacific Northwest will also face drought risks, with limited precipitation expected in Idaho, Oregon, and Washington. Severe drought conditions will persist across the West, though some moisture may return to the Pacific Northwest in May, a critical month for crops. Douglas compares the 2025 weather pattern to past years with varying El Nino and La Nina conditions.