Grains After a long period of below-normal rains, September started with meaningful precipitation for a large portion of Argentina’s agricultural area, including all of Buenos Aires Province, south of Cordoba, and Santa Fe. The center of Cordoba and Santa Fe northward were less lucky, which is unfortunate as those areas have been the most impacted by drought.
Wheat Argentina After the past few days’ rain, there is a strong recovery in wheat conditions and soil moisture. The good/excellent portion of the crop increased from 31 to 46 percent from last week and the regular/bad ratings decreased from 31 to 21 percent. Moisture conditions are now such that 68 percent of the crop is growing with good/optimum moisture con...
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...