The US is poised to deliver a spring bumper wheat crop in the coming weeks, which, if realized, could help ease global deficits caused by the Black Sea turmoil.
Fields in North Dakota, the highest-yielding US state, are expected to yield a record high of 49.1 bushels per acre of grain, according to the final estimate from a three-day harvest tour led by the Wheat Quality Council. North Dakota accounts for about half of the United States’ spring wheat crop.
The world relies heavily on American agricultural supplies to replenish grain elevators as Russia’s invasion of Ukraine continues to threaten more than a quarter of world wheat exports. While all signs are now pointing to a bountiful harvest, weather problems prompted growers to plant the crop later than normal. The timing has left the wheat very vulnerable to late season issues that could still affect production.
“We could have good yield potential by the day we get an early frost,” said North Dakota Wheat Commission Administrator Neal Fisher.
This year’s spring wheat, valued for its high protein content and used to make pizza crusts, bagels and other foods, has been closely monitored for potential problems after downpours and flooding on the northern plains slowed sowing. The delays followed last year’s severe drought, which shrunk harvests in both the US and Canada.
Read more: US farmers battle floods and heat to replenish food supplies
Farmers have been catching up, however, and largely benign weather has since eased supply concerns. North Dakota’s harvest tour prospects are slightly below the US Department of Agriculture’s initial yield estimate of 51 bushels per acre, a jump from last year’s 33.5 bushels per acre.
Spring wheat futures are down 33% from their highest in more than a decade in May, although any sign of trouble while the wheat is still in the ground could push prices back up and reignite inflationary pressures on food.
“Six weeks after harvest is a long time for many of these fields, it’s an eternity,” said Dave Green, executive vice president of the Wheat Quality Council. “We are concerned that a change in weather or pattern could disrupt what is otherwise looking like a very excellent crop.”
https://www.independent.ie/business/farming/tillage/grain-prices/us-poised-to-deliver-bumper-wheat-crop-41876085.html The US is poised to deliver a record wheat crop