The United States Department of Agriculture’s attaché in New Delhi forecast an increase India’s production of rapeseed-mustard for 2023/24. The attaché projected a harvest of 11.90 million tonnes versus the 11.70 million expected by the department.
Cold weather beneficial; harvested area, yields steady
Wheat futures higher on bargain buying, short covering
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
World wheat carryout estimate downgraded, but well above previous year
Easing heat wave in Argentina tempers crop worries
Recent hot spell in Argentina may have eroded potential corn yields
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Easing dryness could encourage ranchers to begin rebuilding beef herds
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes