Erratic weather conditions across the globe have led to unpredictable harvest volumes in the Northern Hemisphere. In Europe, vast disparities are surfacing within remarkably small areas. And in California, the harvest is running about four weeks late due to an unusually cool growing season.
South Africa currently stands out as a sweet spot in the Southern Hemisphere, with strong demand and good quality availability. Other markets, however, are somewhat sluggish. Argentina's export prices might see fluctuations if the radically libertarian Javier Milei wins the presidential election and follows through on his intention to abolish the peso.
