Good Movement & Demand For This Year's Wheat Crop

Nov 25, 2020

We've seen good movement and demand for this year's wheat crop.

Jonathon Driedger with LeftField Commodity Research says in the first 14 weeks of the crop year, Canada has exported over a million tonnes more non-durum wheat than we did at this time last year.

When it comes to durum we have a large crop and good export demand but he thinks we could still see some upside for durum prices.

"Our expectation here is we're going to have record large durum exports for the year. Big shipments to Europe. We expect movement to the U.S. is going to be up."

Wheat production is essentially flat making the global stock situation a little tighter.

Driedger adds Russia and Australia have seen an increase in wheat production but wheat crops are smaller this year in the Ukraine, the European Union, and Argentina.

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Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.