CORN Corn planting progress has reached nearly 90 percent of projected area. Almost 70 percent of the corn crops is going through the critical growth stage. Crops are beginning to experience a lack of wáter after many days of intense heat and wind. , Fields are starting to appear stresed. The Buenos Aires Grain Exchange reports deterioration in both crop condition and water status, especially in northern La Pampa and western Buenos Aires. As a result, the share of the corn crop rated Good/Excellent fell from 82 percent to 75 percent, and the share with regular or dry water conditions rose from 8 percent to 28 percent week over week.
Even so, expectations of a bumper crop continue to prevail. Rainfall over the coming days will be im...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
Just when we thought it was safe to step outside and enjoy some certainty in the world of international commerce, the Trump Administration announced on Thursday afternoon a barrage of tariffs on 60 countries based on its recent Section 301 investigations. Section 301 permits the executive branc...
