Soy complex prices eased a bit this week on better chances for precipitation across the driest parts of southern Brazil and Argentina over the next 10-14 days. Bob Kohlmeyer’s piece about La Nina and Argentine crop production (see Ag Perspectives, 14 December) explained the current situation quite well. The latest forecasts are important as there will be significant crop stress if the rains don’t materialize. While not drought-breakers, they will at least provide some cushion to topsoil moisture shortages. The two maps below show the precipitation anomalies for the period of 15 November-14 December and the eight-14 day precipitation forecast relative to “normal.”
The next map shows the 15-23 December temperatu...
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...
