Milling Wheat The Black Sea market has made a spectacular rally during the last week, because of the lack of farmer selling and overbooked port capacity for the next two months. Black Sea wheat remains competitive versus French wheat to the main Mediterranean and Middle Eastern destinations. However, the price spread has narrowed significantly. The weather improved in Eastern Europe, allowing farmers to plant winter wheat at a rapid pace. Despite the delay in most of the Ukrainian regions, the winter wheat will be planted according to the intentions with an insignificant decline in its overall acreage in that country.Egypt's GASC has canceled the last tender, claiming that the prices were too high. They were indeed about +$20-$25/MT hi...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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Illuminating the value of technical research
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