Milling Wheat The Black Sea market was very firm last week. However, we see more liquidity since last Friday as more sellers have started offering the November and December positions in Russia and Ukraine. Black Sea wheat is no longer as attractive versus the French wheat. Russian and Ukrainian exporters are usually trying to export as much as possible before the start of winter, because the export logistics can remain blocked for two- to- three months.There were no major trades reported in the main destinations. After the impressive wheat price rally during the last few weeks, buyers are now sidelining as they are afraid to buy at the market peak.The EU allocated 384,000 MT of wheat export licenses last week, bringing the total to 8.4...
Accountability and a comprehensive approach to export programming
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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...