Europe

USDA says a historically small U.S. wheat crop is tightening ending stocks as extreme heat hits European production and war disrupts Black Sea exports.
The next U.S. Drought Monitor is scheduled for release Thursday, providing an updated look at moisture conditions across the country.
USDA data show Spain remains an important export market for several U.S. agricultural commodities.
The trend could reshape cotton demand as manufacturers rely less on U.S. buyers and build sales channels elsewhere.
Cibus CEO Craig Wichner says the changes could have far-reaching impacts for farmers, seed companies and global markets.
Declining cases prompt officials to ease nationwide poultry restrictions, though local measures remain available if needed.
European officials say the temporary move is aimed at easing pressure on farmers as conflict in the Middle East disrupts fertilizer markets.
EU simplification may reduce some paperwork, but U.S. exporters still face costly traceability requirements.
Economists say geopolitical headlines and concerns surrounding the Strait of Hormuz are driving volatility
New trade access, tariff concerns and international negotiations are reshaping the global beef market.