The Thanksgiving holiday week closed with a day of very light trading volume and little interest in the markets. Following are a few news items from this week that are worth considering:
AgRural said today that Brazil’s early soybean crop outlook could be the best ever, and the consulting group’s initial forecast is 123-129 MMT. There has been some concern about how wet conditions have been, but it seems the crop was planted earlier than in the past few years. Wet weather in Argentina has also prompted chatter about the potential for quality problems in that mature wheat crop. The harvest, however, is pegged at 22 percent complete, which is right at last year’s pace. The grain exchanges there have reduced their product...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
