Regional News Drought in Europe is becoming increasingly concerning with projections for EU wheat yields deteriorating. Areas of western Europe and the Baltics have received as much as 50 mm of rain less than normal by this date with the drought affecting a wide swath of Europe from Spain and the UK through France, Germany, Italy, and Poland. Late Sunday, rains fell across parts of France but volumes were light and more is needed. The one-week forecast offers meaningful precipitation for far eastern France and southwest Germany, but other areas remain dry.
Last week, Turkey reported receiving a shipment of 50 KMT of wheat from India. This is the first time Turkey has imported wheat from India and is a feat unlikely to be rep...
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...