Turkey's soybean imports have increased by about 30 percent over the past three or four years and are expected to rise by another 200,000 MT in 2015/16. In turn, this is impacting the volume of soymeal it imports, mainly from South America.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran's agriculture minister is forecasting that domestic wheat production will reach 11 MMT this year and imports will drop by about 20 percent to below 2 MMT. Most of the grain trade believes this is an unrealistic estimate. Looking at the most recent FAO report on Iran, 6.3 MMT will need to be imported along with 5.3 MMT of maize and 1.7 MMT of barley.Egypt's supply ministry has announced that based on current inventory and stocks on orde...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
