Russian Organic Wheat takes world by Storm, US GMO Glyphosate losing out!

putin_571a2929c36188fd698b4567The United States was once the world’s leading wheat exporter, but now is losing its position to Russia and Canada due a stronger dollar, stagnant yields, rising competition and … AND GMO

from RT: 

According to analysts, exports of wheat may drop 9.3 percent to 21.1 million metric tons in the season ending May 31, the lowest since 1972.

“We’re no longer going to lead in volume every year,” said Alan Tracy, president of US Wheat Associates told Bloomberg, adding that an increase in global wheat trade was the only hope for the country.

America Is Losing Out To Russia In The #Wheat Wars https://t.co/BNwy48Vjf6 Strong USD, #ClimateChange, competition pic.twitter.com/5aOBxl95fD

— FarmLead.com (@FarmLead) April 21, 2016

Nearly forty percent of the US crop goes for export, according to the Department of Agriculture. The acreage for winter wheat fell to its second-lowest since 1913.

As US wheat is no longer the leader in global markets, American farmers are changing to corn and soybeans.

[more…]

 


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