The Egyptian government announced that the new bread allocation program has cut subsidy costs by 6 billion Egyptian pounds ($470 million). The supply ministry also indicated that one domestic wheat crop of high quality could be available for export.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Of great importance to all wheat buyers in the Middle East/North Africa (MENA) region is the news that Russia is considering a revision to its current wheat export tariff that could involve a reduction. Its wheat exports are lower than last season, and there has been concern that this tariff has made them less competitive. MENA buyers would of course be very pleased to see decreased export tariffs and perhaps a drop in the prices.W...
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...
