Regional News The EU is set to receive beneficial rains across its central region this week with some of that precipitation extending out into parts of western and eastern Europe. That will offer some relief from the drought for central Europe, but the north-central and eastern regions will remain locked in sub-normal precipitation patterns. Over the past two weeks, northeast and eastern Europe have seen significantly below-normal precipitation levels and high temperatures that have greatly challenged crops.
Milling Wheat Wheat prices were higher last week with U.S. futures leading the way on technical buying and short-covering that partly stemmed from the recent rolling of positions ahead of first-notice day for Sept...
Macro: Treasury Squeezes Yields, the Dollar Gives Way Today’s markets are offering a lesson in pressure: it rarely disappears — it simply moves. The U.S. Treasury stepped into the bond market after long-term yields surged to levels not seen in nearly two decades. By announcing plans...
Key Takeaways: Weather conditions in Europe have continued to deteriorate following both the EU MARS’ latest balance sheet update and the August WASDE, leaving “official” estimates lagging behind the reality observed on the ground. WPI’s models anticipate a 4 perc...
