The barter arrangements between Russia and Iran are said to have been finalized to some degree as it is reported that the latter will export poultry meat in exchange for Russian wheat. However, some concerns still exist in both countries that this may violate existing trade sanctions.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS According to the FAO, Iraq's 2015/16 grain crop could be quite good, although it is very difficult to know what effect the conflict there will have on production. The 2014/15 crop has gone quite well in spite of the difficulties. It was actually well above the recent yearly average and the best production in several years, at least for wheat at about 3.5 MMT. Even with a good crop last year, howe...
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...
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...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
