Regional News In its latest crop outlook, the EU commission largely reduced yield projections for 2020 summer crops, due to drought that started in early July. The dry weather was coupled with a heatwave across northern Europe that hurt the growth and development of summer crops. Notably, the weather prompted a 2.4 percent cut in the EU corn yield forecast, which is now forecast at 8.01 MT/ha. The only substantial yield increases were for the soybean crop (revised 3.4 percent higher to 3.06 MT/ha) and triticale (2.2 percent high at 4.12 MT/ha).
The two maps below show USDA’s satellite imagery of crop conditions across Europe and Ukraine. The impact of drought can be clearly seen across France/western Germany, eastern E...
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...
