The World Ag Expo reopened to in-person attendance after being virtual last year due to the pandemic. Farmland values continued to increase through the end of 2021.
The Drought in the Pacific Northwest, where most of U.S. white wheat is grown, a 29% year-to-year decline is expected, its lowest since the 1974/75 marketing year, with exports down 41%.
As the container shipping crisis cripples U.S. exporters, nearly 300 ag and forest producers in a letter to Transportation Secretary Pete Buttigieg, to urging immediate action now to remedy the situation.