Regional News Most of Europe and the Black Sea remain in a rainfall deficit with drought increasingly severe in parts of southeast Europe and western/southern Ukraine. The forecast holds increasing chances for precipitation across western Europe this week and better showers into eastern Europe/Ukraine next week. Southern Russia will remain mostly dry until the first week of October, with the winter wheat planting season typically ending around mid-October. Russian farmers may have to seed plots in hopes that rains will arrive on schedule and before temperatures turn too cold.
Milling Wheat Wheat prices continue to rally with dryness in Europe, the Black Sea, and Argentina threatening to cut the 2021 crop. U.S. weather...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
