Egypt's GASC is reviewing its current position with regard to French wheat moisture levels. It stipulates a maximum level of 13 percent but has allowed French wheat with up to 13.5 percent, provided there is a discount.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran has decided to impose an import tariff of approximately $50/MT on both wheat and barley, effective immediately. This will only apply to private sector imports, while the government's will be entirely exempt. The tariff for wheat is set to continue until the end of 2016, and that for barley will expire 22 September 2015.Egypt began a test run of the newly expanded Suez Canal with three vessels running north and three headed south on Saturday. It will not of...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Key Takeaways: Persistent labor shortages are increasing operational challenges and costs across U.S. agriculture, particularly in labor-intensive sectors such as specialty crops, dairy, and meat processing. Immigrant workers, including H-2A employees, remain essential to the agricultural work...
