Northern Hemisphere grains & oilseeds update, July 2026

In this week’s episode, Steve Nicholson, Head of North American Crops with RaboResearch, discusses Northern Hemisphere crop conditions, grain and oilseed markets, and emerging global risks with RaboResearch colleagues from around the world including Lief Chiang, Senior Industry Analyst – Asia, Vito Martielli, Senior Grains & Oilseeds Analyst – Europe, and Owen Wagner, Senior Grains & Oilseeds Analyst – North America. While geopolitical risks, including impacts from the Middle East, remain part of the discussion, the conversation focuses on China-US trade developments, growing weather risks across key agricultural regions, and signs that strengthening demand could provide support to commodity markets.