Regional News Favorable rains forecast for Europe in the coming week will aid winter crop development and help recently planted spring crops establish and germinate. Rains are badly needed across the UK and most of western Europe while scattered showers across eastern Europe and Ukraine will help those regions dry out from abundant rainfall so far. Temperatures will remain cool, however, which will not help crop germination catch up from its current delay.
Ukraine’s spring grain planting effort is 58 percent complete and favorable early season conditions suggest the grain crop could total 75 MMT this year. Last year’s all-grain crop totaled 65 MMT. Russia issued a ban on the exports of buckwheat, buckwheat groat...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
