Wheat Wheat continues to capture the attention of many traders and analysts in Argentina. Planting continues to be delayed due to lack of soil moisture and sowing has only reached 30 percent completion, which implies a year-on-year delay of 6 percentage points. The seasonal rains have not yet appeared, and forecasts are not encouraging. At the end of June, some rains are expected for northeastern Argentina, but the most drought-affected areas will have to continue waiting. Many producers have already decided not to plant wheat and instead chose to work fields for a good sowing of summer crops. Others will switch to short-growing seasonal wheat varieties if rain appears, even if yields are somewhat reduced. Last week, the Buenos Aires Grai...
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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...