Regional News Russia continues to dominate global agricultural export policy headlines after Moscow introduced a floating “damper” mechanism for export duties. The “damper” lowered the export tax on wheat shipments by about 20 percent for 8-14 October and pushed corn and barley duties to zero. Austrian traders are expecting tight supplies and rising prices for eggs through the rest of the quarter. Demand remains “brisk” and is expected to pick up sharply in the processing sector in the next few weeks. Sources say few firms have built up meaningful stocks ahead of the baking season. The EU Commission is providing a support package of €50 million to farmers in Bulgaria, Hungary, Latvi...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
What You Need to Know Today: U.S. corn condition ratings took a surprise turn for the worse in Monday’s report, with 54 percent rated good/excellent (down 3 percent). Dry weather in the U.S. Wheat Belt is stalling planting and causing concerns for the 2027 crop, in turn boosting futures...
In a letter last week to President Trump, Zippy Duvall, president of the American Farm Bureau Federation (AFBF), wrote that diesel prices are squeezing farmers’ margins. As Duvall wrote: Higher diesel expenses are hitting farmers at one of the most fuel-intensive times of the year —...
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