Overview
Access reliable cash pricing, analysis, and S&D forecasts to support your business needs, whether you are a producer, trader, broker or end-user, focusing on wheat, corn or soybeans or looking at feedstock for biofuels.
Argus has been bringing transparency to international commodity markets for more than 50 years, and brings the same expertise to the conventional and organic agriculture markets, as well as the meat and livestock market.
Latest agriculture news
Browse the latest market moving news on the global agriculture industry.
Algeria seeks milling wheat for loading in August
Algeria seeks milling wheat for loading in August
London, 15 June (Argus) — Algerian state grains buyer OAIC is looking to buy 50,000t of milling wheat for loading in August, in a tender closing this week. The buyer requested offers for wheat loading in August if from European and North American origins and one month earlier if loading from South America, India or Australia. This is OAIC's first large ports milling wheat tender since 8 May , when it booked at least 390,000t of wheat for shipment in July. Traders successful in this tender will likely look to the Black Sea's incoming new crop of wheat to ship to Algeria. By Erik Metaliaj Grains, oilseeds and veg oils tenders Buyer Issued Closes Status Cargo Shipment/delivery Price Seller Notes Algeria's OAIC 15-Jun Open 50,000t milling wheat August cfr Jordan's MIT 11-Jun 17-Jun Open 100,000-120,000t feed barley September-October cfr Aqaba Jordan's MIT 10-Jun 15-Jun Closed 100,000-120,000t milling wheat September-October cfr Aqaba Bangladesh's DGF 9-Jun 24-Jun Open 50,000t milling wheat 25 days after contract award cif liner out Jordan's MIT 4-Jun 10-Jun Cancelled 100,000-120,000t feed barley August-September cfr Aqaba Jordan's MIT 3-Jun 9-Jun Closed 60,000t milling wheat 2h August $275.20/t CHS cfr Aqaba Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
France crop tour: recovery in Сentre-north-west
France crop tour: recovery in Сentre-north-west
Paris, 15 June (Argus) — The wheat yield outlook for the 2026-27 marketing year (July–June) is showing signs of improvement in central-northwest France, with production prospects looking stronger on day three of the Argus crop tour than those observed earlier in the week. Yields in Loir-et-Cher and Eure-et-Loir are overall holding closer to the seven-year truncated average, which excluded the yields in 2024-25 that were not representative, supported by more favourable conditions during key spring stages, although agronomic constraints remain visible across fields. Loir-et-Cher's yield potential is estimated at 6.8 t/hectare (ha), 1pc below the seven-year truncated average. Early nitrogen applications were not fully assimilated by crops, which slowed vegetative growth and limited tillering capacity. There have been fewer ears per square metre in several plots. Weed pressure has also weighed on crop development, with farmers reporting reduced herbicide efficacy following dry autumn conditions. Further north, conditions improve in Eure-et-Loir, where yield potential is projected at 8.1 t/ha, or 3pc above the seven-year average. Biomass is visibly stronger, compared with Loir-et-Cher, reflecting better crop establishment, despite a dry March–April period. Farmer sentiment is even more positive, pointing to yields potentially up to 5pc above average, supported by relatively favourable conditions during flowering. Across both regions, wheat flowering occurred under wetter conditions, which has increased disease pressure, despite fungicide treatments. At this stage, the sanitary risk is not considered critical, but remains dependent on weather patterns in the run-up to harvest, especially if alternating rainfall and warmer temperatures emerge. The improvement observed on this third day contrasts with weaker expectations recorded in earlier tour stages, suggesting that central-northwest regions could help stabilise the overall French wheat outlook. Argus teams will return to the fields during the week of 22–26 June, with the final crop tour results to be published on 29 June in the Argus AgriMarkets Weekly Outlook . Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Romania expects record 13.9mn t of wheat in 2026
Romania expects record 13.9mn t of wheat in 2026
Paris, 11 June (Argus) — Romania could harvest a record 13.86mn t of wheat this year, according to results from the Argus crop tour, assuming the country continues to receive moderate rain and minimal storm damage in the next 3-4 weeks before harvest. Romania's wheat crop has grown in potential in the past two months, according to feedback which Argus collected from producers during a tour of Romania's main producing regions in the first week of June. Argus ' projection is based on a yield of 5.9 t/hectares (ha), which — along with last year — is only the second time in history that Romania has seen wheat yields above 5 t/ha. Yields have been trending upwards year on year in Romania for the past decade, but 2026 pushes the very top end of this long-term trend. Producers in the southeast of the country, closest to the port of Constanta, are expecting the greatest increase in yields compared with the 2021-25 average. Unusually this year, producers in the southeast, where wheat areas are most concentrated, received far more rain than those in the west. In southern and eastern Romania, soil moisture levels were well above average emerging from the winter, with melting snow bringing further moisture and even causing flooding in isolated parts of the regions visited. In western Romania — Timis and Arad are two counties which border Hungary and Serbia, and typically account for about 12pc of Romania's wheat production — a return of rainfall in late May helped to restore soil moisture after some fields had been verging on drought, given a very dry two months in March and April. Wet weather is set to continue for the next two weeks. Relatively mild temperatures mean that the harvest is delayed by at least a week in the east, where crops would typically be first to arrive at port. Some producers expect hailstorms and heavy rain to cause further delays to fieldwork and potential damage to the otherwise record crop in the ground. Crops have generally resisted disease this year, which is one of the undesirable effects of greater soil moisture, although a certain degree of lodging, particularly for the barley crop, could still cause problems before the harvest. The record yield adds to record harvest areas — estimated at 2.35mn ha this year and in line with Argus' estimate from April — reflecting minimal losses since planting and the winter period. Farmers in Romania have expanded their areas of wheat, together with barley and rapeseed, in the past four years at the expense of corn and other spring crops. Mixed results for rapeseed, sunflower and corn Romanian farmers tend to set aside less space for spring crops because successive heatwaves in previous seasons have led to poor results. The remaining cornfields are concentrated in the east of the country, particularly in Braila, which is one of the areas with the most irrigation. The mild temperatures so far in 2026 have been favourable for sunflower and corn crops this year. The main issue for spring crops this year has been insect and bird damage. The outlook for rapeseed has generally improved, although reports of very late planting this year created mixed expectations for this year's crop. Some had to wait until the last week of October for rain to ease and allow fieldwork, compared with planting in late August in western Romania. Isolated areas are expecting a very positive outlook for yields, but producers on the whole remain sceptical that Romania's rapeseed crop will surpass last year's record. By Alexandre Willekens and Claudia Jackson Historical wheat production and yield in Romania Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
TMO wheat prices to turn Turkish buyers to imports
TMO wheat prices to turn Turkish buyers to imports
London, 10 June (Argus) — Wheat buyers in Turkey are likely to turn to wheat imports — despite an ample domestic harvest this year — with the country's grain importer TMO's sales price for milling wheat, although the difference between domestic and import markets is likely to push up the import licence value. TMO has set the price for its sales of the country's domestic crop at 18,500 Turkish lira/t ($401/t) on 1 June, which would come into effect from October. The firm has planned to buy domestic wheat from farmers at TL16,500/t. A comparable cif price for wheat imports based on the domestic sales price would be about $317/t at discharge ports, based on the sales price, an inward processing regime (IPR) licence fee at about $65/t and unloading costs at ports. The import price ceiling is much higher than wheat prices in international markets at present, which is likely to draw Turkish buyers to wheat imports. Russian new-crop wheat was, for example, offered at $256/t cif Mersin this week for shipment in August. That said, the gap between the import and domestic markets would encourage importers to bid for rights and capacity to import wheat into the country with no import tax, pushing up market values for the IPR licence. The licence could become more valuable than the equivalent of $65/t between now and October, shrinking at least in part the import margin, market participants said. TMO could also introduce an import ban to prioritise distribution and consumption of domestic wheat. Market participants have waited for an import ban since early May. But an outright import ban is likely to damage the country's flour export market. Egyptian flour exporters took shares of key export markets such as Syria away from Turkey when TMO last banned wheat imports in 2024, according to market participants. Turkish farmers could produce 20.5mn t of wheat in 2026-27 (June-May), up from 16.5mn t in 2025-26, according to Argus estimates. The country is therefore expected to require less wheat imports in 2026-27 at 4mn t, down from 7.3mn t in 2025-26. Russia supplied 5.2mn t of Turkey's total wheat imports at 5.7mn t in June 2025-April 2026, customs data show. By Erik Metaliaj Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Spotlight content
Browse the latest thought leadership produced by our global team of experts.
Grains market update and Black Sea wheat futures overview
Grains market update and Black Sea wheat futures overview
Webinar: Harnessing AI in Commodity Markets
Webinar: Harnessing AI in Commodity Markets
Black Sea Grain: market update and outlook
Black Sea Grain: market update and outlook
Explore our agriculture services

Argus Agriculture Newsletter
Each issue delivers a great blend of news, insights, price assessments and prompts you to the latest podcasts, webinars, insight papers.
Sign up here


