Corn It is expected that extreme temperatures recorded in Argentina over the past fifteen days may reduce the corn crop’s yield potential, primarily in late-maturing corn (to be evaluated in the coming weeks). Currently, 53 percent of that crop is going through its critical period for yield determination and over the past two weeks, the area with optimal/adequate soil moisture fell from 6.1 to 4.3 Mha. Towards the end of last week, rains of good intensity fell over much of the agricultural area, providing relief to crops that had been under significant stress. Now their recovery begins, and there is time until harvest, but there are still fields that may not fully recover their potential.
Corn origination is maintaini...
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...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
