A tremendous amount of interest regarding investments in Egypt's agriculture was generated at a conference held there last week. Two key development agreements worth $6 billion were signed, which included one related to the new global grain logistics centre in Damieitta.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS It is reported in Europe this week that 50,000 MT of German wheat is loading for shipment to Iran.The Egyptian Economic Development Conference last week certainly generated a tremendous amount of interest regarding investments in Egypt's agriculture with stories circulating of multi-billion dollar programs for that purpose. The National Bank of Egypt has announced its new project for redevelopment of 10,000 fe...
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...
