Spring wheat acres expected to increase in 2023

Jan 10, 2023

When it comes to supply and demand for wheat, demand has outstripped supply for the past couple of years.

Chuck Penner with LeftField Commodity Research says with the strength in demand, we've seen an increase in prices.

The price rally was accelerated by the drought and most recently by the war in Ukraine.

In terms of major exporters, he says, Canada bounced back while there was a drop from other key exporters.

"If you look at just the stocks themselves, it's the lowest since 2016/17, and if you look at it as the days of use, it's the lowest since 2014/15. Now, as you may know, China accounts for over half of those global wheat stocks. China's really not a player in terms of an exporter. The other thing is, we really don't know if those stocks exist, how large they are, or what quality they are, all of those types of things. So if you strip China's stocks out of that, the picture looks even more friendly, if you want to call it that. "

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Video: Dicamba Returns for Georgia Farmers: What the New EPA Ruling Means for Cotton Growers

After being unavailable in 2024 due to registration issues, dicamba products are returning for Georgia farmers this growing season — but under strict new conditions.

In this report from Tifton, Extension Weed Specialist Stanley Culpepper explains the updated EPA ruling, including new application limits, mandatory training requirements, and the need for a restricted use pesticide license. Among the key changes: a cap of two ½-pound applications per year and the required use of an approved volatility reduction agent with every application.

For Georgia cotton producers, the ruling is significant. According to Taylor Sills with the Georgia Cotton Commission, the vast majority of cotton planted in the state carries the dicamba-tolerant trait — meaning farmers had been paying for technology they couldn’t use.

While environmental groups have expressed concerns over spray drift, Georgia growers have reduced off-target pesticide movement by more than 91% over the past decade. Still, this two-year registration period will come with increased scrutiny, making stewardship and compliance more important than ever.