Weather is always a huge factor in commodity markets, but it's beginning to look like weather in 2012 may be even more critical than usual for a number of reasons.
While world supplies of wheat and soybeans rebounded in 2011, corn and feed grains became record tight in terms of day's supply. It is clear that South American corn production will falter badly from the levels expected two or three months ago. Argentina's crop could fall to 20 MMT from early forecasts of 30 MMT. Brazil's corn crop could drop to 56 MMT or 57 MMT from early forecasts of 61 MMT or higher. U.S. ending supplies may still shrink if the current pace of ethanol and exports continues. Ukraine has a problem with its winter wheat crop and some analysts are now sugg...
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...
