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Synopsis

As the Northern Hemisphere winter wheat crop emerges from dormancy, attention is turning to new crop supply. US spring planting is underway with soybean area expected to gain at the cost of corn, South American supply is weighing on US export competitiveness, and grain and fertiliser trade via the Strait of Hormuz remains disrupted.

What you'll learn

  • 2026 US spring crop planting outlook and impact on 2026/27 US ending stocks
  • Upcoming monthly performance of Brazilian soybean exports
  • Harvest progress and export potential for Argentine corn and soybean crops
  • Export competitiveness of South American crops
  • Condition of the Northern Hemisphere winter wheat crop
  • Recent grain and fertiliser trade via the Strait of Hormuz
  • Key market drivers for the upcoming month

Meet the speakers

Matthew Darragh

Matt joined Kpler’s Insight Team in January 2025 as a Grains & Oilseeds Analyst, based in London. Prior to Kpler, Matt was a Cereals & Oilseeds Analyst at the Agriculture and Horticulture Development Board (AHDB), conducting both domestic (UK) and global analysis of the respective grains and oilseeds markets. Before becoming an analyst at AHDB, Matt acquired a Masters of Science in Agricultural Economics at the University of Reading. At Kpler, Matt contributes to the Insight reports and conducts supply and demand analysis to support on the grain balance sheets.

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Ishan Bhanu
Lead Agricultural Commodities Analyst

Ishan joined Kpler’s dry bulk and Insights teams in October 2023. Based in Dubai, he has over 12 years of experience with global grains markets research and trading. Ishan is building an understanding of agricultural markets and trade within Kpler, to add to and support its dry bulk data offering. He is also building analytical tools and balance sheets for major ags like wheat, corn, soybeans and barley, with focus on developing all the support required for trade decision-making by Kpler clients. Ishan has worked as Head of Research at Invivo and as Associate Trader at Olam International. He founded Integrated Research Dubai and was a consultant for major trading houses across the globe, before joining Kpler.

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