Recent USDA reports forecasted a third consecutive year of record world wheat and maize production. However, for this year they still need the world maize crop to produce a ‘normal crop’. Narrowing that down, it means there cannot be any issues looking...
After the USDA report last night we saw fireworks! According to the USDA report , US Farmers planted fewer corn and soybean acres than the trade expected. In the June prospect planting report, the USDA pegged the 2021 US corn acreage at 92.7 million, 1 million short...
Weather remains in the spotlight. Due to the poor weather conditions, US spring wheat scores fell to 27% good and excellent. The US winter wheat harvest reached 17% complete by late last week, making good progress from the 4% complete the previous week. In the UK,...
Following a hotter and drier period in Europe, further rainfall is now forecast across continental Europe, the UK and Black Sea. Grain and Oilseed confidence remains high, and forecasts are positive for harvest 2021 production outlooks. Several parts of the US...
Across Europe, the UK, Ukraine and Russia, new crop wheat production confidence is increasing with good volumes of rainfall combined with warmer temperatures seen over the past couple of weeks . Spring Wheat in the US and Canada is however becoming a concern. Long run...
Good weather and improved crop conditions across the northern hemisphere continue to provide greater production confidence as harvest approaches. In the US, risk remains and while spring planting has been above average, soil moisture remains a concern. Although...
