Milling Wheat The global wheat market starts this week slightly lower amid what sources say is sluggish demand. The market is focused on the U.S. planting report and watching winter wheat conditions in the U.S., Europe, and the Black Sea. Reports are surfacing that a mild winter in Russia has helped improve the winter wheat crop substantially, which is starting to pressure new crop offers there. In the U.S., a strong storm system across the Plains is brining much needed moisture that will aid the winter wheat crop there. EU wheat prices are slightly lower this week after the French farm ministry increased its ending stocks forecast by 0.2 MMT to 2.7 MMT. Russian wheat offers are sharply lower this week after the country was un...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...