Regional News Morocco abandoned import taxes previously placed on sunflower seed, soybeans, and rapeseed. Milling Wheat U.S. and EU wheat prices have pulled back amid a slowdown in old crop export demand and growing expectations for new crop production in the Northern Hemisphere and increases in production expectations for both Ukraine and Russia.
Ukraine’s wheat harvest is now forecast at 19.2 MMT, according to the Ukrainian Grain Association. The Association also estimated the country’s export potential at 10 MMT. Consultancy Strategie Grains forecast the EU wheat crop at 124.4 MMT, down 1.8 MMT from its prior forecast and down The Russian wheat crop estimate was but 0.3 MMT by Rusagrotran...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
