Wheat The outlook for wheat continues to get more complicated with rains failing to arrive and temperatures beginning to rise, thus increasing the crop's water requirements. Some light rains fell at the end of the weekend, but fields generally have very little water, with insignificant or insufficient moisture reserves in most of the wheat area.
The drought is sufficient to have some analysts already discussing a wheat crop of 17-17.5 MMT, which sounds optimistic to WPI, unless there is a radical change in precipitation patterns in the coming days. The crop in the core zone is the most affected, and the share of wheat fields rated in regular/bad condition rose from 54 percent last week to 70 percent this week. In some...
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...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
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...
