Regional UpdatesMEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONTunisia will shortly receive a shipment of 33,000 MT of U.S. corn, the first shipment in quite a while. The U.S. Grains Council office in Tunis says that they expect more U.S. corn imports in the coming weeks.Morocco has a combo vessel of U.S. soymeal and DDGS enroute from the U.S. with a total cargo of 33,000 MT. Morocco is a regular importer of U.S. soymeal and DDGS. Saudi’s SALIC – Saudi Agriculture and Livestock Investment Company – is expected to purchase the 65 percent of Singapore based Olam Group that it does not own based on SALIC’s recent offer. If completed this will allow SALIC to expand its international agri-food operations. Olam is in the ag...
With no bullish surprise out of Beijing this week and good weather taking over many global crop areas, funds spent the past couple of days selling off the peak positions they had built. CNN’s Live Updates blared, “No signs Trump and Xi resolved any thorny challenges.” By...
The long-awaited meeting between President Trump and President Xi of China has concluded, and details are elusive, though Trump stated today that he and Xi made some “fantastic” trade deals. Both countries reported the meetings as a success, but that has more to do with positioning...
Key Takeaways Weather conditions in China and India are deteriorating and threatening the wheat crops. Drought conditions in China are not without precedent, and modeling efforts suggest a modest 1.5 percent yield reduction vs. 2025. India’s wheat yields are forecast to fall 3 perc...
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