Weather Outlook The arrival of the expected "El Niño" weather event for Argentina continues to be delayed, and the situation is becoming more complex every day. There is a very large area that includes the western part of Buenos Aires, the eastern part of La Pampa, the provinces of Cordoba, Tucumán, Santiago del Estero, and a section of Santa Fe where water reserves at a depth of 1 meter are practically zero.
The Nucleus region (Argentina’s corn agricultural area) can hold out for a few more days or weeks as the rest of the province of Buenos Aires, most of Santa Fe, and Entre Rios are in better shape. These regions currently have no issues, and the medium-term outlook is favorable. Rainfall maps a...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Russian Grain Markets: 8-12 June 2026 The Russian grain market was highly volatile during the week. The export market, the primary driver of domestic prices, remained stagnant, and bearish sentiment persisted. Weaker demand and expectations for a strong upcoming harvest encouraged exporters to...
