Wheat Outlook. William I. Tierney, Jr. PhD Chief Economist AgResource Company, Chicago IL. OSU Extension Webinar April 15, 2013. US Wheat Supply & Demand. U.S. Winter Wheat Crop Conditions: 2 nd Week of April. US Drought Monitor – 2013 vs 2012. Apr 10 , 2012. Apr 09 , 2013.
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William I. Tierney, Jr. PhD
AgResource Company, Chicago IL.
OSU Extension Webinar
April 15, 2013
Apr 10, 2012
Apr 09, 2013
D0 - Abnormally Dry
D1 - Drought - Moderate
D2 - Drought - Severe
D3 - Drought - Extreme
D4 - Drought - Exceptional
“The Summer That Never Was in UK” Will
Boost UK’s Imports. Continued Rains Will
Reduce 2013 Area Seeded by 12-15%.
14 Mln Ha Affected by Flooding in Arg’s
Buenos Aires and Santa Cruz. How Much
Much Damage Did Wheat Crop Suffer?
Approximate crop yield decline each day
Alberta crops’ seeding date is delayed after May 1
Crop% Yield decline/day
Barley - grain 1.3
Barley - silage 1.0
Triticale - grain 0.8
Triticale - silage 1.1
Wheat – HRS 0.8
Wheat - durum 1.3
KC HRW 13% is 40-50 cents/bu > HRW Ord.
Problems with N. American Spring Wheat crop
could push up protein premiums.