Corn Argentina’s 2024/25 corn harvest is virtually complete, with only isolated fields still being collected. Final output is expected to exceed 50 MMT. Attention now shifts to the 2025/26 crop, where planted area is projected at 7.8 million hectares — surpassed only by the 2023/24 season. Planting remains under 5 percent of the estimated area, but progress should accelerate under optimal conditions in the coming days. Early corn is likely to account for more than half of total area.
On the supply and demand side, exports for the 2024/25 season remain below 20 MMT, with August shipments failing to reach 2.5 MMT. Exporters have purchased 23.7 MMT against shipping permits of 22.2 MMT, of which roughly 19.6 MMT have already...
What You Need to Know Today: Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has threatened to do next week if negotiations between the two nations do not resume. President Trump is scheduled to deliver a primetime addre...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
Key Takeaways: Tensions in the Persian Gulf are further away than ever from being resolved, as the ceasefire has fallen apart completely and the U.S. and Iran are back to trading blows. Ships are still cautiously exiting the Strait of Hormuz but at a much slower rate than just a few week...
