Ron Sterk

1 week ago | bakingbusiness.com | Ron Sterk

KANSAS CITY — Tariffs loomed large at the Sosland Purchasing Seminar, appearing in nearly all the 20-plus presentations at the event held June 8-10 in Kansas City. Presenters said tariff policy has been disruptive, adding considerable uncertainty for commodity and ingredient markets, food manufacturers and consumers. Most speakers also said they thought the impact of tariffs so far was minimal or still a few months away, with some exceptions.

2 weeks ago | bakingbusiness.com | Ron Sterk

WASHINGTON — The US Department of Agriculture in its June 12 World Agricultural Supply and Demand Estimates (WASDE) report lowered its forecast of 2024-25 sugar deliveries for human consumption for the second consecutive month, and carried that lower forecast into 2025-26, resulting in slightly higher ending stocks-to-use ratios for both years amid mostly minor adjustments to supply.

1 month ago | world-grain.com | Ron Sterk

KANSAS CITY, MISSOURI, US — While many market participants have been focused on and flustered by on-again, off-again tariffs that have sent the value of the US dollar, equities, crude oil and other markets on a rollercoaster ride in the past few months, most US farmers were undeterred, busy with spring planting.

1 month ago | bakingbusiness.com | Ron Sterk

WASHINGTON — The US Department of Agriculture in its May 12 Crop Production report forecast 2025 winter wheat production at 1,382 million bus, up 2.4% from 1,349 million bus in 2024, as an expected higher average yield more than offset slightly lower harvested acreage.     The average winter wheat yield in 2025 was forecast at 53.7 bus per acre, up 2 bus from 51.7 bus in 2024.

1 month ago | world-grain.com | Ron Sterk

WASHINGTON, DC, US — The US Department of Agriculture (USDA) in its May 12 Crop Production report forecast 2025 winter wheat production at 1.382 billion bushels, up 2.4% from 1.349 billion bushels in 2024, as an expected higher average yield more than offset slightly lower harvested acreage.     The average winter wheat yield in 2025 was forecast at 53.7 bushels per acre, up 2 bushels from 51.7 bushels in 2024.