Morocco's total 2014 grain production is expected to be down by about 30 percent versus a year ago with barley showing the largest decrease at 37 percent. Its grain imports are expected to slightly decline this year, however, mainly as a result of the large carryover stocks from 2013.
News Updates USDA announced a few new allocations in Export Credit Guarantee Program (GSM-102) funding for 2014. The Africa/Middle East region now stands at $550 million with $353 million still available, while Turkey's total is $408.5 million with only $3 million unallocated. MEDITERRANEAN/MIDDLE EAST COMMENTS Morocco's total 2014 grain production is expected to be down by about 30 percent versus a year ago with barley showing the largest decrea...
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...