Regional News Most of Europe and the Black Sea remain in a rainfall deficit with drought increasingly severe in parts of southeast Europe and western/southern Ukraine. The forecast holds increasing chances for precipitation across western Europe this week and better showers into eastern Europe/Ukraine next week. Southern Russia will remain mostly dry until the first week of October, with the winter wheat planting season typically ending around mid-October. Russian farmers may have to seed plots in hopes that rains will arrive on schedule and before temperatures turn too cold.
Milling Wheat Wheat prices continue to rally with dryness in Europe, the Black Sea, and Argentina threatening to cut the 2021 crop. U.S. weather...
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...
