Egypt is the world’s second-largest producer of tilapia, producing 1.3 MMT today with expectations that the total will reach 2 MMT by 2020. This growth has led Nutreco to increase its investment in aquafeed production there.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt has become the leading importer of Russian grain so far in this crop year, pushing Turkey into second place. The July-October 2015 export numbers for total grains include the following: Egypt (2 MMT), Turkey (1.6 MMT), Saudi Arabia (1.4 MMT), Iran (965,000 MT) and South Africa (589,000 MT). Egypt’s imports from Russia are close to last year’s levels, but Turkey’s have dropped by 1.1 MMT due to its much better crops this year.T...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
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...
