General Comments There are days when there is nothing to write about, and there are days when there is too much to write about. Today, there were all kinds of news around the markets, most of which had a friendly perspective. Here are some of the highlights:
World financial markets were strong overnight on more optimism that the EU finance ministers will finally reach an agreement this weekend on Greece. This pushed the dollar slightly lower and crude and metals slightly higher. U.S. financial markets opened firm and are now within easy striking distance of highs not seen since 2008. Ukraine announced it will restrict exports more than expected to 1.7 MMT in the February/July period. This is 50 percent of the original plan. USDA ma...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
