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.
Suggested:
From the US perspective, Mexico is not doing enough to combat the spread of the parasitic fly "New World screw-worm". It is advancing further north towards the US border. This now has consequences.
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.