Regional News  Kazakhstan’s grain harvest is expected to coincide with heavy rains forecast for the next few weeks, which will likely cause a significant deterioration of the crop’s quality.  Last week, the EU Commission’s MARS crop monitoring unit adjusted its 2024/25 yield forecast for the bloc, with the major trends being that of smaller grain and oilseed yields. The weather forecast remains challenging with areas of too much moisture in western/central Europe while the eastern portion of the bloc sees high temperatures and drought. 

Milling Wheat  Wheat markets are largely trading two different and diverging trends: the increasing quality and production potential of the U.S. crop and the exact...