Agricultural experts in Africa are saying that the first priority regarding grains should be the storage and transportation systems where as much as 30 percent of the crop is lost.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt's Cairo Chamber of Commerce has stated that the building of 24 new storage silos could result in savings of wasted wheat that are the equivalent of 15 percent of the yearly bread subsidy, or about $450 million. This investment in silos will certainly be of long-term benefit to the country both in grain quality improvement and the balance of payments.The poultry industry in Egypt continues to suffer as tourist numbers for September are down 70 percent from last year. Most of that decline occurred w...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
