Over the next two weeks, below-average rains and seasonally warmer temperatures are expected across the northwestern and western Grain Belt. Such conditions will increase the need for timely rain, namely in the Dakotas and from northeastern Nebraska into Wisconsin. As of Apr. 11, corn [...]
Having burned through over 15.6 million acres, the Australian wildfires have forced thousands to evacuate. Fires have been particularly intense along Australia’s east coast, with New South Wales suffering severe damage and Victoria declaring a state of disaster. Coastal communities, where fires were fanned [...]
Wheat usually takes a back seat to other grains; however, as the global fundamentals tighten, it is worth keeping an eye on wheat due to its correlation with other markets. Though wheat global inventories are expected to reach an all-time high of 273 million [...]
If the retaliatory tariffs set on U.S. pork products by some top destinations continue, corn export demand will feel a hit this year, pressuring prices. There is even speculation that pork prices could fall below their production cost—although some relief could come from lower [...]
As the U.S. continues with several trade disputes, countries such as Russia and Ukraine seem to be benefiting from increased trade. The Black Sea’s international wheat trade share increased to 37 percent during 2017/18, more than the U.S. and Canada combined, according to Reuters. [...]
