Grain traders in Iran have been quietly buying corn supplies in Black Sea markets with trade estimates that about 120,000 MT have been purchased. Prices are said to be at the $169/MT FOB level.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Ukraine's export numbers show the following shipments to various regional destinations between 1 July-6 October as a percentage of the total: wheat – Egypt (29 percent), Turkey (8 percent), Spain (8 percent), Israel (4 percent), Tunisia (3 percent) and Morocco (2 percent); corn – Iran (44 percent), Egypt (16 percent) and Libya (14 percent); feed barley – Saudi Arabia (53 percent), Turkey (10 percent), Egypt (5 percent), Israel (4 percent), Iran (3 percent) and Libya (3 per...
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...
