The deputy chairman of the Cyprus Grain Commission (CGC) resigned last week and indicated certain steps that the organization will need to implement in order to meet the needs of farmers and consumers.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It is reported in Egypt that the government may purchase as much as it can of the local imported wheat stocks, said to be as high as 1 MMT, in advance of the 2015 domestic harvest. The intent would be to avoid the problem of the imports being sold to the government as local wheat because of a government-set purchase price that is higher than the cost of imported Black Sea origin.The deputy chairman of the Cyprus Grain Commission (CGC) resigned last week and stated that the organ...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
