Buyers in the Levant, particularly Jordan and Syria, who source all of their corn from Ukraine are very concerned about a possible force majeure situation, because they don't have any easy source for a backup supply.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS North African wheat buyers are looking even more closely at French wheat these days due to the Black Sea situation and concern over future supply deliveries. Some buyers have been indicating that French origin may be the best option. Although it is more expensive, this could ensure steady delivery for the next few months. Comments from Ukraine have certainly not provided much confidence to buyers, especially when the agriculture minister said that most spring crops in...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
