Weather and Crops Rain continued to fall across Argentina last week, especially over the central-northern part of the agricultural region. More rain in the area in addition to all of Uruguay is forecasted for tomorrow. The maps below show details about where the rain fell, the forecast for Friday and soil moisture levels.The barley harvest is progressing and the effect of the region's climate conditions has started to appear. Big areas have been harvested and yields thus far are lower than expected. Specifically, farmers were expecting about 4-5 MT/hectare, but yields from the northern and western parts of the Buenos Aires province are only 1.8-2.5 MT/hectare. Additionally, due to the humid conditions Fusarium has affected test weight (T...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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