The African Agricultural Technology Foundation has received a grant through a USAID-funded program to be used for the commercialization of a Striga weed-resistant corn. Striga weed can cause corn crop losses of up to 80 percent.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Saudi Arabia is set to receive the largest-ever barley shipment from Australia in the coming days. The vessel CMB Medoc is en route with 79,000 MT of feed barley valued in excess of $20 million. Australia is seeing a record level of barley production this year and is looking forward to further exports to Saudi where import demand for barley is close to 8 MMT per year.FAO and Egypt are working on a new arrangement that will have FAO send agricultural expert...
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...