Will wheat be back in the mix for more Ohio farms in 2022? – Ohio Farm Network
With wheat prices already at a 14-year high this year, more Ohio farmers are now planning to plant more grain. The war in Ukraine and its impact on wheat exports is pushing wheat to record prices, leading more farmers across the state to consider planting more wheat.
That’s according to Laura Lindsey, a field crop expert at The Ohio State University’s College of Food, Agricultural and Environmental Sciences (CFAES). Lindsey, a soybean and small grains specialist at Ohio State University Extension, said she’s already fielded numerous calls, emails and Twitter messages from farmers across the state wanting to know if he’s possible to sow wheat this year and what they could do to take advantage of the record. grain price.
The main question for Ohio farmers, Lindsey said, is whether they can plant wheat this spring to harvest this year and take advantage of high wheat prices now or whether they should wait for the varieties planted. in autumn. Although spring wheat can be planted in Ohio, Lindsey said, it doesn’t grow as well as winter wheat.
“Is Spring Wheat an Option for Ohio Farmers?” she asked. “Yes, we can grow spring wheat in Ohio, but the yield of spring wheat will be significantly lower than that of winter wheat.
“While in Ohio we usually plant winter wheat, with the commodity market as it is, more and more farmers are saying they want to try to take advantage of record prices. However, although wheat prices are high, spring wheat is unlikely to be the best option in 2022 due to low yields, high input costs and uncertainty surrounding grain sales and quality.
Wheat prices are rising globally following the conflict between Russia and Ukraine, prompting farmers across the country to consider planting more wheat. About 14% of the world’s wheat supply is produced in Ukraine and Russia, according to Gro Intelligence. The two countries supply nearly 30% of all wheat exports, according to the agricultural data analytics firm. Wheat prices soar even higher as the dispute raises significant questions about Russia’s and Ukraine’s ability to continue exporting, according to the U.S. Department of Agriculture’s wheat outlook for March.
The price of wheat on April 11 is $10.81 a bushel. Wheat prices hit a 14-year high last month at $12.09 a bushel and futures are above $14.
“US prices were particularly supported by this development, with quotations for hard red winter (wheat) and soft red winter (wheat) driving the biggest price increases – up more than 80% from last year – as these classes compete most directly with Russian and Ukrainian wheat,” the USDA said in a written statement.
As Russia blocks Black Sea ports, 16 million tonnes of grain are currently stuck in Ukraine, according to a memoir by Ian Sheldon, CFAES professor and Andersons Endowed Chair in Agricultural Marketing, Trade and Policy, and Chris Zoller, an associate professor at CFAES and an OSU Agriculture and Natural Resources Extension educator.
“The USDA forecasts Ukrainian-Russian wheat exports to fall by 7 million tonnes in 2021-22, with Australian and Indian exports only partially closing the gap,” Sheldon and Zoller wrote. “In the short term, it is expected that there will be real limits to the ability of the United States to meet the deficit: winter wheat is already in the ground, stocks are low, drought conditions are likely to impact yields in states like Kansas. , and farmers face squeezed input prices.
As things stand, Ohio farmers are on track to harvest 610,000 acres of winter wheat this year, up 5% from the previous year, according to statistician Cheryl Turner. of State at the Ohio Field Office of the USDA National Agricultural Statistics Service. Nationally, all wheat planted for 2022 is estimated at 47.4 million acres, up 1% from 2021.
Despite the potential for lower yields, some farmers may still be interested in planting spring wheat, Lindsey said.
“Ukraine is the breadbasket of Europe, but due to the ongoing conflict with Russia and the instability in the region, farmers want to grab some of that market,” he said. she declared. “What I told the farmers is that if they are interested in wheat, wait until fall to plant winter wheat.
Lindsey said to prepare for this now, farmers can plant early maturing soybeans in early to mid-May, which are then harvested in late September to early October. At this point, they can then plant winter wheat.
“This growing season will be a mixed bag,” she said. “Corn, soybean and wheat prices are high across the board. But input prices – including nitrogen, herbicides and fungicides – are high (due to the invasion, which has created additional uncertainty for fertilizer costs) and there will likely be shortages in the supply of these inputs, all of which are necessary for farmers to produce good, high-yielding crops.
Plus, you never know what the spring weather will be like, Lindsey said.
“Ohio can be very wet in the spring, so there could be challenges there too,” she said. “However, I think there will always be a strong interest in growing these little beans, that’s for sure.”