Regional News Weather patterns across much of Europe and the Black Sea remain lodged in a hot, dry trend causing likely delays and reductions in winter crop planted areas. The EU Commission noted that “severe drought conditions” exist across eastern Romania, eastern Bulgaria, and southern Ukraine. WPI sources note soil moisture levels in Romania and Bulgaria are exceptionally dry and will cut winter wheat, barley, and rapeseed planting intentions. Sources suggest winter rapeseed planted area will be 1-2 percent below last year.
The EU Commission recently lowered its yield forecasts for nearly all European crops due to the August heatwaves and drought. The region’s corn yield was pared back 2.2 percent from A...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
