Senior News Analyst
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Latest From Gary Howard
There were few surprises in the latest update of french grain crop quality, with slight improvements to wheat and a minor drop in spring barley condition.
US export sales of soybeans marked a net reduction as expected for the week to May 17, while 2018/19 sales disappointed.
Corn export sales hit expectations for the week to May 17, although exports remain behind the historic curve and outstanding sales are high.
Wheat export sales figures were encouraging for the week to May 17, with both old and new crops matching up favourably with expectations.
Crop profitably and planting decisions were in the spotlight in the race for Mexico’s presidency this week, with one candidate noting that planting poppies is more profitable than corn.
Mired in scandal and delayed payments to producers, Kenya’s National Cereals and Produce Board (NCPB) is under pressure from farmers to disband.