Milling Wheat The Black Sea market was quiet last week. The strength of the U.S. dollar has brought more sellers into the market, but the buyers are still reluctant to pay the current prices.Tunisia bought 92,000 MT of optional wheat last Friday, paying around $303/MT. At this price, the wheat could be either Black Sea or French origin.The EU allocated 561,000 MT of wheat export licenses last week, bringing the cumulated total to 9 MMT versus 5.3 MMT allocated at the same time last year. France (the biggest EU exporter) is exporting more or less at the same pace as last year. The major part of the EU exports is from the Black Sea (Romania, Bulgaria, Hungary) and Germany.The Romanian and Bulgarian market is quiet in the absence of famer...
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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