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The most relevant industry news curated specifically for Idaho’s wheat growers.

Idaho Wheat Farmers Recognized for Excellence in Agriculture

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Idaho Wheat Hosts Japan Biscuit Association Trade Team

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Idaho Wheat Hosts Philippine Trade Team

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Latest News

Biden Tells Agencies to Help Columbia River Wild Fish

President Joe Biden ordered federal agencies Wednesday to do a 120-day review of how they can help restore wild fish runs in the Columbia River, while supporting hydropower and benefits dams provide to agriculture. Environmental groups suing the U.S. government over dams welcomed the announcement, but urged the administration to go farther and plan to remove four dams on the Lower Snake River. The presidential directive didn't mention dam breaching. Kurt Miller, executive director of the pro-hydropower Northwest River Partners, said the order affirmed the multi-purpose importance of the dams.

Calling out Lack of Transparency from White House Regarding the Future of the Snake River Dams

In recent months, the future of the four Lower Snake River Dams has been cast into uncertainty. The Biden Administration’s Council on Environmental Quality and dam-breaching advocates have been involved in ongoing litigation against the Army Corps of Engineers, who control the operations of the dams, over the future of the dams. While they just secured a 60-day extension with the intent of achieving a “de facto” breach of the dams by opening the gates to reduce the water below the minimum operating levels for hydroelectric generation, they continue to ignore the stakeholders who will be most affected by their decision.ams

IWC Endowed Chair Provides Insight on Managing Price Risks Using Grain Contracts

Grain markets are no longer just a local concern. Agricultural market discussions today must factor in global perspectives. When analyzing the price of wheat, for instance, producers must not only consider the market in the United States but also those of other key suppliers from overseas, such as Russia, Australia, Ukraine, and the European Union. The conversation becomes more complicated when examining the demand side. Indeed, US producers must now grapple with increasingly complex uncertainties when marketing their products. Consequently, in the modern global agricultural landscape, developing effective risk management is a crucial skill.

Dryness Raises Wheat Concern

Drought continues to dominate a large part of North America from Mexico through the central United States to more than two-thirds of Canada’s Prairies. Some of this dryness has been ongoing since 2020 and this year’s dryness affected many crops, including spring wheat, canola, sunseed, corn, sorghum, soybeans, sugar beets and a host of other crops. No further production losses are anticipated except possibly in Mexico, where the growing season usually lasts well into the autumn. An assessment of the year’s lost grain and oilseed production is still underway while new dryness problems have emerged for winter crops in Ukraine, Russia and Australia.

Wheat's Long Non-Coding RNA's Unveiled: A Leap in Understanding Grain Development

Wheat is a global staple food and plays a pivotal role in the livelihoods of billions of people. Although long non-coding RNAs (lncRNAs) have been recognized as crucial regulators of numerous biological processes, our knowledge of lncRNAs associated with wheat (Triticum aestivum) grain development remains minimal. In summation, this pioneering study provides a comprehensive map of wheat lncRNAs. The wLNCdb, with its plethora of information and advanced toolset, lays the groundwork for future exploration and analysis of the functions of lncRNAs.

Wheat Set For Longest Run of Quarterly Decline in 14 Years

Wheat headed for the worst run of quarterly losses in 14 years as bumper harvests in parts of the Northern Hemisphere offset ongoing tension in the Black Sea after the collapse of a grain agreement. Futures in Chicago have lost around 11% over the past three months and are poised for a fourth quarterly decline. While Moscow exited a safe-passage deal in July that allowed Ukraine to export its grain, plentiful supplies have kept a lid on prices. Russia was one of the countries to record a bumper harvest.

China's Large Purchase of U.S. Wheat is Rare, but Not Unprecedented

Signs of life for the sluggish U.S. wheat market arrived on Tuesday with confirmation that China had purchased an unusually large volume of U.S. wheat for the first time in over two years. The U.S. Department of Agriculture (USDA) reported a deal for 220,000 metric tons of U.S. soft red winter wheat for shipment to China in 2023-24, the U.S. marketing year that began June 1. That was the first daily sale of U.S. wheat to any destination since November.

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