Buyers in the Levant, particularly Jordan and Syria, who source all of their corn from Ukraine are very concerned about a possible force majeure situation, because they don't have any easy source for a backup supply.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS North African wheat buyers are looking even more closely at French wheat these days due to the Black Sea situation and concern over future supply deliveries. Some buyers have been indicating that French origin may be the best option. Although it is more expensive, this could ensure steady delivery for the next few months. Comments from Ukraine have certainly not provided much confidence to buyers, especially when the agriculture minister said that most spring crops in...
What You Need to Know Today: Shipping in the Black Sea is at a standstill, with neither Ukraine nor Russia yet ready to swerve in this game of maritime and export brinkmanship. Israeli media suggests the U.S. and Iran may be close to making a deal or at least restoring the memorandum of unders...
Just when it seemed the restaurant industry had finally moved beyond the pandemic disruption, the arithmetic of the American food dollar caught up with it. The National Restaurant Association projects that total restaurant and foodservice sales will reach a record $1.55 trillion in 2026, but on...
Key Takeaways: Brazil’s pork exports have more than doubled since 2019 as competitive feed costs, ASF-free status, and expanding global demand have strengthened the country’s position in international markets. Brazil’s abundant domestic production of corn and soybeans provide...
