Wheat The Buenos Aires Grain Exchange said the wheat planting has ended with a total seeded area of 6.3 Mha, aligning it with other private estimates of 6.3–6.4 Mha. In certain regions, some fields were not planted due to a lack of soil moisture, and with current prices, it is not worth the risk to plant wheat in the dust and hope for rain. The lack of rainfall remains the main issue for wheat, not only due to crop condition deterioration but also because many producers cannot fertilize. The crop condition and water condition both experienced significant declines this past week. In the core agricultural area, 10 percent of the crop is in fair to poor condition.
Currently, the biggest problem is in the top few centimeters of...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
