According to a comment from Iran, Ukraine may not be able to complete their outstanding corn business because of its dwindling supplies and domestic unrest.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Australian grain traders report that 28,000 MT of durum wheat have been shipped to Algeria and note that this is the first ever shipment of Australian durum to Algeria.There were many rumors in Egypt this week regarding the situation at GASC. While there was a change in responsibility for two staffers in the wheat import department, the reported prosecution of officials has now been confirmed to be related to rice purchases. It had earlier been widely reported that all changes and prosecutions had been wheat-related. GASC does...
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...
