We have been away from markets for a few days, so we missed a lot of the most recent price volatility. As we return and try to get up to speed again, here are a few things that seem to us to stand out:
USDA calls the corn crop 96 percent planted as of 20 May, which is fabulously early. It is 15 percent above the average of the last five years. The rapid pace of planting is due to the early spring warmth across the entire Corn Belt along with few weather interruptions to cause planting delays. Good planting conditions by definition are conditions that also promote early emergence and early plant growth. Thus, it is not too surprising that USDA's first weekly corn crop condition report of the 2012 growing season showed that as of 20 Ma...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
