Corn Most of Argentina’s agricultural area continues to be impacted by drought. The early planted corn is almost finished but the late planted crop is passing through the critical yield-defining phases under drought stress. The Buenos Aires Grain Exchange reported a huge deterioration in crop conditions last week, especially with the late planted corn, of which the good/excellent rating fell 18 percent. Across the entire crop (early- and late-planted corn) only 17 percent is rated excellent/good while 55 percent is rated fair and 28 percent poor/very poor). Harvest reached 3.5 percent of the area and there was combine movement in the core region where some plots are showing good yields.
Given the above conditions, the BAGE r...
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...