Tag: CWB Market Research

Wheat School: Figuring Out the Market for Protein

Protein premiums or discounts can be a major factor in marketing wheat. In some years there’s plenty of high protein wheat (as looks to be the case for 2015-16) and in other years millers are left scrounging for wheat with high enough protein. We asked earlier this week whether yield or protein is a higher priority… Read more »

Higher Wheat Production Estimates from the USDA Weigh on Wheat Prices

New crop wheat futures fell from recent highs on Wednesday after the USDA published some larger-than-expected wheat supply projections. The USDA’s June reports  were not friendly for prices across the board, says Neil Townsend of CWB Market Research in our conversation below. (Read the WASDE report here and the Crop Production estimates here.) Along with slightly larger domestic production, he… Read more »