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...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Russian Grain Markets: 13–17 July 2026 New-crop trading dominated the Russian grain market during the week as old-crop business largely came to an end. Most transactions shifted to new-crop supplies, establishing new price ranges across the market. Bearish sentiment prevailed across most...
