Wheat Market The old crop wheat market has disappeared. New crop wheat is being harvested and the first shipment will take place in December. No trades were reported lately for the new crop, but offers remained at $355/MT for December and January against absent demand. As some trading houses are scared about the protein content the crop could have, they have been offering wheat with 11.5 percent protein out of Upriver ports at a $10/MT to the 12 percent protein wheat. There were a couple offers at $345/MT, but there is no demand for this wheat just yet. There is nothing new or interesting to mention about Argentine wheat.The Uruguayan wheat market also remained quiet and unchanged. There were a couple offers at $340/MT for 11.5 percent p...
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
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...