Grain Market News

Downturn in grain markets raises concerns about a prolonged period of financial strain for corn growers A combination of falling corn prices and stubbornly high input costs is threatening to push US corn farmers deep into the red for the 2024-25 season. As reported by Argus Media, a steep decline

Lack of soil moisture threatens 2025 harvest prospects, despite hopes for favorable weather later in the season Ukrainian farmers have begun the crucial task of planting winter grains for the 2025 harvest, but their efforts are being hampered by widespread drought conditions, according to a report by Reuters. State weather

European crop yields are facing a downturn as extreme weather, ranging from scorching heatwaves to relentless rainfall, disrupts agricultural production across the continent. The latest JRC MARS Bulletin revised yield forecasts downwards for nearly all major crops, falling below the five-year average in most cases. Summer crops, particularly grain maize

Global grains production is expected to reach a record high in the 2023/24 marketing year, driven primarily by a strong rebound in wheat production, according to the latest report from the International Grains Council (IGC). However, despite the increase in supply, global stocks are expected to remain tight, and

The USDA revising its forecast for corn and wheat exports downward, reflecting the broader landscape of shifting prices and global competition. In a report published on Wednesday, the agency forecasts US grain and feed exports to reach $37.6 billion in fiscal year (FY) 2024, a $600 million decline from

Drought conditions have severely impacted wheat yields in Morocco and Algeria, according to the latest report from the European Commission's Monitoring Agricultural Resources and the Environment (MARS) Bulletin. Meanwhile, Egypt is expected to have a near-average wheat harvest, bolstered by irrigation and favorable weather conditions. Morocco: Negative Outlook

The European crop outlook remains positive overall, with yield forecasts at the EU level still above the five-year average, according to the latest report from the European Commission's Monitoring Agricultural Resources and the Environment (MARS) Bulletin. However, recent weather patterns have brought both favorable and challenging conditions, impacting

Russia is strengthening its control over its vital grain sector, potentially giving it greater sway over exports just as global supply concerns escalate, according to a report by Bloomberg published on Sunday. This consolidation of the grain industry coincides with a spike in wheat prices, driven by poor weather conditions

The International Grains Council (IGC) has revised its forecast for global grain production in the 2023/24 marketing year downward, citing smaller-than-expected sorghum and barley harvests. While the supply outlook is somewhat buffered by increased carry-in stocks, the IGC also trimmed its forecast for global ending stocks, reflecting tighter supplies.

Brazil has temporarily suspended tariffs on rice imports until the end of the year in response to devastating floods in Rio Grande do Sul, the country's leading rice-producing state, according to a report published by S&P Global on Tuesday. The measure, which came into effect immediately,