Regional News The EU Commission reported winter crops in the region are in overall good condition heading into spring and yields are expected to rebound. Spring planting is making strong progress in France and Germany though acreage should fall from last year’s above-average values. The agency issued its initial yield forecast for winter crops, which suggests yields will be above average for all major crops and above 2020 values for wheat, barely, and winter rapeseed.
The weather outlook remains mostly favorable for European crop production with dry weather this week for western and central Europe giving way to scattered showers next week. Southeast Europe and the Black Sea will see meaningful precipitation this week w...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
