Markets

Mark Welch, grain marketing economist for Texas A&M AgriLife Extension Service, presented his wheat market outlook for 2018 at the Texas Wheat Symposium, Nov. 29, in Amarillo, Texas. The price U.S. growers may receive in 2018 boils down to continuing world consumption to move through the large carryover on the world market. Also, our ability to continue to hold onto our market share among buyers to keep cargo ships like this one in Portland, Oregon, moving our product overseas. (Journal stock photo by Jennifer M. Latzke.)

Mark Welch, grain marketing economist for Texas A&M AgriLife Extension Service, presented his wheat market outlook for short and long term at the 2017 Texas Wheat Symposium, Nov. 29, in Amarillo, Texas.

Welch began by reviewing what he said in conclusion at the same meeting in 2016.

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