Corn Although there has been a change in the weather pattern since the beginning of the year and Argentina has seen more rains, the precipitation was heterogeneous and insufficient to recover the soil profiles. The heat shocks, with temperatures above 40°C, also have not helped the situation. Additionally, there was an unusual frost during February with temperatures that fell close to 0°C, which may have an effect on corn yields. The February temperature drop was a record and Argentina saw in just one week its highest maximum and lowest minimum temperatures in the last 60 years.
The central region (including the core zone) suffered the most from the adverse conditions and will be the one with the highest yield losse...
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...
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...
