Key Takeaways:
Australia's wheat crop is expected to decline sharply in 2026/27 as dry conditions and high input costs reduce planted area and yield potential. Some Australian farmers are shifting acreage from wheat to barley and canola in response to weather and profitability concerns. Large wheat supplies from Russia, along with ample inventories in China and India, continue to weigh on global wheat prices. More than half of global wheat stocks are held in China and India, limiting the amount of inventory readily available to world markets. The U.S. wheat crop is expected to fall to its lowest level since 2002/03 as drought reduces production in key winter wheat regions. The outlook for Russia's 2026/27 crop may ultimat...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh has asked the USA for technical assistance to improve grain storage and strengthen quality testing of imported grains. Of major importance to Bangladesh is the “technology to improve grain preservation and grain s...