Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA According to the June EU MARS report, there are variable weather conditions for the cereal campaign in North Africa with the only area of concern being drought in the western and central Maghreb. For the second year in a row, Morocco’s wheat crop is adversely impacted. The outlook for barley throughout the Maghreb is below average but crops in the rest of North Africa are in better shape.
Reports from USDA confirm the numbers shown above for the poor wheat and barley crop yields in some parts of North Africa. Morocco is being affected very badly again this year due to a second year of drought. The wheat crop is forecasted to be 49 percent below the five-year average at...
What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
Key Takeaways: Demand and capacity decide where milk growth lands. Italian cheese is up 4.2 percent in 2026, and milk output is growing fastest in Kansas, South Dakota and Texas, where the new plants are located. Price spreads decide where the marginal milk goes. The Class IV premium over Clas...
