There is really only one major ag story driving markets this morning, and that stems from the announcement last Friday that India has decided to suspend new export business in wheat. Existing sales and agreements are unaffected, and by no means will this necessarily be a permanent ban. Still, needless…
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When I first looked at the export sales figures this morning, I thought there must have been some type of mistake, but no, there were just uniformly terrible. Beginning with corn, for the week ending the 5th, we set a marketing-year low of 192,700 MT or 7.6 million bushels. This…
Daily Comments
The hot and dry conditions being experienced in France are garnering more and more attention in the news and, of course, in markets as well. France is, after all, the EU’s largest exporter of wheat, and the fourth largest globally, usually shipping out around half of the 35 MMT it…