Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reported to total about 8.3 MMT, up from an approximate average of 3 MMT over the past few years.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reported to total about 8.3 MMT, up from an approximate average of 3 MMT over the past few years. Iran is also expected to export durum wheat.The latest FAO report on Algeria shows that 2015 grain production is up about 20 percent to around 4 MMT, comprised of 2.4 MMT of wheat, 1.4 MMT of b...
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...