Regional News Drought is a growing concern not only for the U.S. but also several regions of Europe, notably Scandinavia, southern Germany, and central Europe. The 1- and 2-week forecasts offer growing heat and above-aveage temperatures for most of Western Europe and Scandinavia with scattered showers through Southern Europe and the Balkans. The forecast indicates that crops in Northern Europe will continue to struggle, and the situation must be watched closely. While world grain and oilseed supplies are expected to increase in 2023/24, the balance sheet is not strong enough to handle droughts in Argentina, the U.S., and Europe collectively.
Ukraine is expected to harvest 46 MMT of grain in 2023/24, according to the countr...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
