Global wheat prices edged up slightly in June, despite seasonal harvest pressure. Maize prices declined, driven by favourable crop conditions in the United States and strong export competition from South America. Rice prices fell amid subdued global demand. Soybean prices rose, supported by firm demand. Meanwhile, the EU reinstated import quotas on Ukrainian grain, and India continued its wheat export ban. Fertilizer markets also experienced volatility, largely due to instability in the Near East. Current forecasts suggest a comfortable global supply outlook for AMIS crops. However, heatwaves affecting parts of Europe, India, and the United States could constrain the yield potential, particularly of maize. While weather-related uncertainty remains a constant feature of agricultural markets, its impacts are now compounded by trade policy shifts and geopolitical tensions.