Corn Argentina’s 2024/25 corn harvest is virtually complete, with only isolated fields still being collected. Final output is expected to exceed 50 MMT. Attention now shifts to the 2025/26 crop, where planted area is projected at 7.8 million hectares — surpassed only by the 2023/24 season. Planting remains under 5 percent of the estimated area, but progress should accelerate under optimal conditions in the coming days. Early corn is likely to account for more than half of total area.
On the supply and demand side, exports for the 2024/25 season remain below 20 MMT, with August shipments failing to reach 2.5 MMT. Exporters have purchased 23.7 MMT against shipping permits of 22.2 MMT, of which roughly 19.6 MMT have already...
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...
