Market Insights
Record corn harvest set to push South African exports higher…
South Africa’s farmers are at the back end of harvesting what is widely expected to be a record corn crop. This is a welcome boost to domestic inventories and the exportable surplus, with major Asian…
Sea of Azov shipping suspended due to Ukrainian drone strikes…
Ukraine has intensified its drone attacks on Russian vessels transiting the Sea of Azov and the Black Sea, resulting in a significant decline in Moscow’s shadow fleet shipping activity in the respective sea zones, and…
Argentina’s soybeans are in the bin, but the corn harvest lags…
As the 2026 soybean harvest winds down in Argentina, focus now turns to the nation’s record corn crop, where the harvest has just crept past the halfway mark, as well as completion of the 2026/27…
Another big grain harvest on the cards for Canada…
Planting progress was slower than normal across much of the Canadian Prairies this season but was largely completed by the end of May, while Central Canadian grain farmers completed the majority of their campaign by…
Russia’s spring wheat area slashed as fuel crisis looms…
The total area planted to wheat across the Russian Federation for the 2026 harvest is set to be the smallest in 12 years, with the spring wheat area dramatically lower as a result of persistently…
Ukraine’s farm output rises as export challenges mount…
Ukraine’s winter crop harvest campaign has officially begun, with farmers in the south of the country threshing early planted barley and pea crops last week. While field survey results provide grounds for an optimistic production…
Grain production records keep tumbling in Brazil…
Brazil’s grain output in the 2025/26 marketing year is expected to set a new record, according to the latest production update from CONAB (Companhia Nacional de Abastecimento), Brazil’s National Supply Company, primarily due to a…
Malaysia’s grain imports creeping higher…
Grain demand across Malaysia is projected to continue its disciplined upward trajectory in the 2026/27 marketing year, primarily fuelled by growth in the nation’s food consumption and a steady increase in the poultry sector, both…
Record winter cereal output on the cards for Türkiye …
Winter crop cereal production in Türkiye is set to rebound strongly from a drought-ravaged harvest in 2025, largely supported by favourable winter precipitation, which improved soil moisture conditions ahead of the critical spring development phase,…
EU grain production stabilises on May rains…
Winter crop conditions remain encouraging across most of Europe as the warmer summer months approach, with plant development progressing well despite some dryness and localised late frosts. The spring sowing campaign is also well progressed,…
USDA releases first cut of the 2026/27 global wheat balance sheet…
The United States Department of Agriculture took its first stab at production and consumption estimates for the 2026/27 marketing year (July to June) in the May edition of the World Agricultural Supply and Demand Estimates,…
US winter wheat crop in a world of pain…
Drought conditions are stubbornly persisting across much of the United States, with several regions seeing modest improvement over the week to May 5, while many continue to deteriorate as an abnormally warm and dry winter…