Regional News Western Europe faced wet conditions for much of the fall/early winter, but that trend may be changing. The 15-day precipitation anomaly shows a drying trend for Spain, France, Italy, and the UK. Parts of eastern Europe received above-average precipitation during the past two weeks, but that outlook is shifting dramatically to a strong drying trend.
December’s temperatures across Europe were warmer than usual, which is raising concerns about the region’s winter wheat crop. The warm temperatures are favorable for crop growth and development, but that often causes winter crop to use more sugar in their tillering nodes. In turn, that can often leave plants more susceptible to temperature swings and increase t...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
