Key Takeaways:
Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates and disappointing results from the Pro Farmer Crop Tour have reinforced concerns that U.S. corn and soybean production could fall short of earlier expectations, with even trend-line yields becoming an increasingly ambitious target. Wheat has joined the broader rally in agricultural markets, although its strength has been driven more heavily by supply concerns than demand. A poor U.S. crop has reduced available supplies, while damage to Black Sea ports...
As WPI reported on 21 August and on 27 August, President Trump has announced a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported without out-of-quota tariffs, which stand at 26.4 percent, allowing them in at 4.4 cents per kg, a move aimed at bring...
Corn Argentina The 2026/27 Argentine corn planting outlook remains broadly stable, with the Buenos Aires Grain Exchange projecting 8.4 Mha, unchanged from 2025/26. Regional shifts are expected to largely offset each other, with lower acreage in the NOA and NEA due to renewed concerns over Dalbu...
