Today was a day of several important market stories -- unusual for a Friday in early February. Some stories were routine, while others were more weather related. Here's a recap of what you might have missed.
Informa updated its world crop production numbers this morning and the numbers offered mixed results: The company cut Brazil and Argentina's soybean production a combined 6.5 MMT and world soybean production 7.6 MMT (this was more than the traded expected); it also cut the world wheat production estimate by 2.2 MMT, primarily because of reducing Ukraine's production forecast; lastly, Informa also took Argentina's corn crop down from 24 MMT last month to 22.5 MMT today. Stats Canada released its 31 December stocks report. The tabl...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
