IDAHO WHEAT COMMISSION

News

U.S. Wheat Export Price Near Lowest on Global Market

According to U.S. Wheat Associates (USW), the price of U.S. soft white wheat is among the lowest in the global market at $233.32 per metric ton, which could boost future demand despite rising costs for Northwest farmers. U.S. wheat remains competitively priced compared to other countries like Ukraine, Russia, and Germany. Although there are challenges at the farm level, U.S. wheat exports are up in nine out of ten key markets, with total U.S. wheat exports projected to reach 23.1 million metric tons, a 10% increase from last year. USW is working to expand market reach through programs like the Regional Agricultural Promotion Program (RAPP), focusing on markets in Africa, Latin America, and the Caribbean.