Wheat There are interesting dynamic’s with Argentina’s old crop wheat. The first is an escalation in demand, not only from Brazil but also from various African countries. With supplies limited due to government restrictions and booming demand, FOB prices started to rise. The May/June Upriver 11.5 percent protein positions rose about $15/20/MT during the first two weeks of April. Then the biggest increases occurred with an additional $35/MT rally in the last two weeks. Consequently, May shipment went from $375/MT to $435/MT while June went from $385 to $440/MT. In the middle of these increases, there was good volume traded in the FOB market to multiple destinations, but Brazil was always in the lead. At the end of last we...
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...
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