Wheat Last week, rains finally came to Argentina with good coverage over the agricultural areas. The precipitation brought some relief for the wheat and corn crops in the driest areas. The rains will largely stop the wheat crop’s deterioration but will not necessarily improve conditions. Additional rains are forecast for the coming two weeks and the hope is that they will completely refill the soil moisture profile.
The impact of these rains on the wheat crop in the north of Argentina will be limited, as most of the crop is finished there. Harvest has started in this region with yields well below normal. In the core wheat-growing area, most of the crop is at the critical point for determining yields (flowering and grain fil...
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...
