Key Takeaways:
Aquaculture is becoming increasingly important in meeting global seafood demand, gaining market share as wild-caught fisheries face production limitations. Superior feed conversion efficiency gives aquaculture a competitive advantage over traditional livestock production, with lower feed requirements improving production economics. Aquaculture provides more protein per unit of land than competing forms of animal agriculture. Expanding aquaculture production creates a new demand outlet for soymeal and other feed ingredients as producers shift toward plant-based protein sources. Southeast Asia is a key market for U.S. soymeal exports as expanding aquaculture production increases demand for feed ingredients, with U.S. export su...
This morning’s Consumer Price Index (CPI) report makes it less likely that the Fed will hike short-term rates at the September Federal Open Market Committee (FOMC) meeting. Consumer prices declined in June as energy prices moved sharply lower following a temporary peace agreement between...
Mediterranean/Middle East/North Africa/Africa – MEA Region Syria's new Russian logistics hub at Tartous port is expected to be operational by the end of July. It is expected to handle 250,000 MT of cargo per month, including wheat and other grains. Initial shipments are expected to be Rus...
