The global corn market is a complex and constantly changing landscape, shaped by a myriad of factors ranging from weather patterns to international trade agreements. In this article, we delve deeper into some of the key elements currently impacting corn prices, with a particular focus on the US and Brazil. We also examine the role … Read more
Global weather phenomena continue to have a notable impact on grain markets across the world. This week, we’ve observed a dichotomy in weather conditions with favorable rainfall in the U.S, Canada, and the EU, contributing positively to crop development, contrasted by harsh droughts in South America that threaten crop yields. Rainfall Benefits North American and … Read more
Factors Driving the Sugar Price Surge Sugar prices have reached an 11-year high, with raw sugar prices at the Intercontinental Exchange (ICE) experiencing a 37% increase since January. The peak of 27.41 cents per pound last week can be attributed to short-term supply tightness and concerns over the potential impact of the El Nino climate … Read more
Cold and Rainy Weather Affecting Crop Growth in Major Exporting Countries The current weather conditions in major grain exporting countries of the Northern Hemisphere have led to delays in planting spring crops but have improved winter crop conditions. Meanwhile, Brazil and Argentina are experiencing a decrease in precipitation, allowing for the completion of soybean and … Read more