Syria does not seem to be any closer to finalizing its wheat sale to Iraq as the government reported last week that 200,000 MT were awaiting shipment, but the trucks are not loading.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It isinteresting to note that Tiryaki Agro in Turkey is regularly shipping organic corn to U.S. importers. While overall shipments are not very large when compared to the U.S. corn market, Tiryaki is sending several hundred MT per month via container to buyers in that country. According to Tiryaki, it is Turkey's largest exporter of both organic products as well as all agricultural products with annual shipments approaching $500 million.Soymeal buyers in the Middle East have all but stopped buying fro...
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...