Drought in Russia: Grain region particularly affected
In Russia, the main region for grain cultivation has been experiencing dry conditions for weeks. This is likely to result in lower yields and poorer quality than previously expected.
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In Russia, the main region for grain cultivation has been experiencing dry conditions for weeks. This is likely to result in lower yields and poorer quality than previously expected.
Wheat: Profit taking | Corn: Good weather | EEX-butter weaker
Now the USA have also intervened in the Middle East conflict between Israel and Iran. The question now arises how the agricultural markets will react.
For the first time since the beginning of the year, milk delivery in the EU-27 in April 2025 was higher than the same month last year and overall higher than expected.
Drought: Russia declares emergency | Canola breaks through 500 euro mark | Milk: Declining production stabilizes
The Middle East conflict between Israel and Iran also impacts agricultural markets. While grain prices have remained largely stable so far, rising oil prices are giving impetus to the rapeseed market. An overview
At the "Global Dairy Trade" trading exchange, the average price of dairy products continues to fall by 1.0% to $4,389 per ton. However, butter remains in demand.
In India, the government grain storage facilities are overflowing. For several years, the country had mostly banned the export of wheat and rice to combat significantly increased food prices.
In its June forecast, the USDA slightly raises the global wheat harvest for 2025/26 to a record level of 808.6 million tonnes. At the same time, consumption is significantly revised upwards.
The immigration policy of US President Donald Trump is causing turmoil in the local meat industry. More than 75 people were arrested in a raid at a meat plant in the state of Nebraska.
Due to Russia supplying the grain markets with record amounts, the price pressure remains high. The rapeseed prices are under the influence of the trade disputes with the USA. More on this in our video outlook.
The Chinese government continues its anti-dumping investigation against EU pork. Beijing is not imposing any punitive tariffs.