Regional News Rains across southern Russia have improved wheat and winter crop conditions and have pressured global values somewhat. On Monday, the EU Commission reported that mostly favorable weather conditions across Europe in October allowed winter crop planting and summer crop harvest to speed up and reach normal levels. Through mid-November, satellite imagery showed winter crop development largely in line with average values. Areas of concern persist in northeast France, parts of Germany, and southeast Romania, however.
The Commission did note, however, that improved conditions arrived too late for much of the winter rapeseed sowing, resulting in a reduction in expected planted area. Planting the 2020/21 rapeseed crop w...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
