USDA on Monday announced the Farm Service Agency has started issuing to checks to producers for the 2023 crops. USDA pegs the payments under Agriculture Risk Coverage (ARC) and Price would be $447 million.
U.S. Wheat Associates recently published a first look at results of the U.S. 2024 soft red and hard red winter wheat crops, noting that both crops overall were good quality for bakers and exporters.