Corn Market Thanks to a week of minimal rainfall across Argentina’s agricultural region, the corn harvest is gaining momentum. Weekly progress reached 5.5 percentage points, bringing total harvest completion to 13 percent of the planted area, with an average yield of 8.27 MT/ha. In the northern region, the lack of rainfall throughout much of the summer growing season has resulted in a 40 percent decline in expected yields compared to earlier projections. Central and northern Córdoba, northern Santa Fe, and the southern agricultural area also experienced intermittent water deficits, primarily affecting late-planted corn and reducing yield potential by 6–15 percent, depending on the region.
The Buenos Aires Grain Exc...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
