Southeast Asia has experienced droughty conditions the past several months and the United Nations Economic and Social Commission for the Asia/Pacific region says it is part of a longer-term meteorological trend. The change is most adversely impacting rice production and will likely benefit wheat. Southeast Asia has been importing more wheat than corn but countries in the region have shown over the past decade a faster growing interest in corn for livestock feed. That is now likely to change.
The region has already shown a strong preference for wheat as a food ingredient with demand for this commodity growing at an average pace of 6 percent per year over the last decade. This contrasts with a relatively flat per capita market for r...
Energy: Risk Over Rules Fighting between the United States and Iran over control of the Strait of Hormuz escalated overnight. Tehran accused U.S. forces of striking a residential area after U.S. Central Command said its second round of attacks in three days targeted Iranian radar systems and mi...
Russian Grain Markets: 24–28 August 2026 During the fourth week of August, the Russian grain market continued to slide, although the pace of the decline slowed. The immediate market reaction and collapse in export activity have placed significant pressure on farmers. Price declines vary b...