Of great concern to wheat buyers in the region is the quality of France's wheat supply this season. It has been estimated that in excess of 50 percent of the wheat crop will not be able to meet the specifications for importing countries.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS: While Syria's sale of 100,000 MT of soft wheat and 100,000 MT of durum to Iraq has had to be cancelled due to the inability to move the grain through areas of conflict, it is reported that rebel forces in Syria have been moving wheat to Iraq and are said to be selling to the Iraqi government.Yemen port authorities advise that 54,000 MT of milling wheat from Russia have arrived in Aden for the Grain Silos Factory. The wheat will be distributed throughout...
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...
