A recent forecast of Turkey's grain imports indicates a noticeable change due to the effect of the winter weather on that country's wheat and barley production. MENA wheat buyers will also find new competition this year for low-cost French wheat.
Regional Updates The CME's plans to introduce a contract in EU wheat futures will be of interest to wheat importers in the Middle East/North Africa (MENA) region. This new contract is expected to be in place by the end of April and will give MENA importers another vehicle against which to hedge their wheat purchases. According to advance information, the contract will be euro-based with delivery points all in the north of France. Initial information indicates that the contract will be b...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
