Grain market review: Oilseeds
Higher energy prices and the prospect of increased demand for the biofuels sector have put a bullish tone into oilseeds markets in recent weeks as geopolitics once again overshadow supply factors. The International Grains Council (IGC) said in its Grain Market Report, published on May 21, that “average international soybean export prices were around 3%...
Focus on Argentina
Argentina is preparing for a bumper wheat crop, matching the record set in 2021-22, but prices are lagging and the government is trying to stabilize the nation’s economy, which is in a currency crisis, with help from the United States. Wheat production in 2025-26 is estimated at 23 million tonnes, thanks to unprecedented rainfall that...