Regional News Morocco abandoned import taxes previously placed on sunflower seed, soybeans, and rapeseed. Milling Wheat U.S. and EU wheat prices have pulled back amid a slowdown in old crop export demand and growing expectations for new crop production in the Northern Hemisphere and increases in production expectations for both Ukraine and Russia.
Ukraine’s wheat harvest is now forecast at 19.2 MMT, according to the Ukrainian Grain Association. The Association also estimated the country’s export potential at 10 MMT. Consultancy Strategie Grains forecast the EU wheat crop at 124.4 MMT, down 1.8 MMT from its prior forecast and down The Russian wheat crop estimate was but 0.3 MMT by Rusagrotran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
