MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Regional Updates Due to the Ramadan Eid El Fitr holidays ending, there is no grain news or information from the MENA region this week.
SOUTHERN/EASTERN/WESTERN AFRICA Ghana’s government faces serious criticism from local farm organizations after releasing 14 GMO products – six types of soybeans and eight types of maize. The farm groups say that non-GMO high-yielding crops could be developed without resorting to GMO. They add that GMO seeds have “serious negative implications for health, the economy and the environment”. Sudan has received a donation shipment of 14,600 MT of Ukrainian wheat flour to be distributed by the World Food Pro...
Key Takeaways: The situation in the Arab Gulf is little changed this week, which is to say it is a day-by-day – and sometimes hour-by-hour – judgment call as to what is or will happen. There are some vessels transiting the Strait of Hormuz, but transits are a fraction of what they...
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...
