Ten new drought-tolerant varieties of corn are being released in Africa: four types in Uganda, three types in Kenya and another three slated soon in Tanzania. These are conventionally-bred strains that have been under development since 2007.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Last Friday, 3 January, was a big day for the wheat business in the region as Egypt bought 535,000 MT from Ukraine, Russia, Romania and France. Algeria also purchased 500,000+ MT, probably from France. The Egyptian purchase price averaged about $317/MT CNF and the Algerian transaction was said to have been about $314-315/MT CNF. Egypt indicated that its supply will last through the third week in April, which is still short of its six-month sup...
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...